UC-NRLF 


B   M    SDE   DMB 


* 


I 


^ 


Railway     Equipment 
Obligations 


Compiled  and  Issued 

by  the 

Bond  Department 

of  the 

Guaranty  Trust  Company  of  New  York 

140  Broadway 

,,  ,         u     J  «♦,»»»  Fifth  Avenue  &  43d  Street 

33  Lombard  Street 

T       ^         V    r  New  York 

L.onuon«  i^*  ^> 


Third  Edition 

November  30,  1914 


Ml'-' 


^^^G^ 


Copyright  1914 

by 

Guaranty  Trust  Co.  of  New  York 


G  «  «  • 


w  • 


•:•<  '••*,••• 


.......   i    .«     •        .    .         .      . 


.  Li- 


\J 


Abbreviations 


Explanatory  Note 


A.  =  Annually. 

C.  =  Coupon. 

Interch.  :=  Interchangeable. 

r.  =  Registerable  as  to  principal  only. 

R.  =  Fully  registered. 

S.  A.  =:  Semi-annually. 

V.  =  Obtainable  in  $500  denominations. 

*  =  Indicates  there  is  on  the  face  of  the  bond  or  note,  or  in  the 
agreement  securing  it,  a  covenant  which,  in  our  opinion, 
obligates  the  issuing  company  to  pay  interest  without  de- 
duction for  the  Normal  Federal  Income  Tax  of  1%. 

t  =  Indicates  that  we  do  not  find  such  a  covenant. 


3 


Abbreviations 

Trustees 


Am.  T.  Bos.  =  American  Trust  Co.,  Boston,  Mass. 

B.  =  Bankers  Trust  Co.,  N.  Y. 

C.  =  Central  Trust  Co.  of  N.  Y. 

Cit  S.  &  T.,  Qev.  =z  Citizens   Savings  &  Trust  Co.,  Cleveland,  O. 
Col.  =  Columbia  Trust  Co.,  N.  Y. 
Com.  St.  L.  =  Commonwealth  Trust  Co.,  St  Louis,  Mo. 
Com.  T.,  Phila.  =  Commercial  Trust  Co.,  Philadelphia,  Pa. 
Com.  T.,  N.  Y.  =  Commercial  Trust  Co.,  N.  Y. 

E.  =  Equitable  Trust  Co.  of  New  York. 
Em.  =  Empire  Trust  Co.,  N.  Y. 

F.  =  Farmers  Loan  &  Trust  Co.,  N.  Y. 

F.  &  C.  Tr.,  Louis.  =i  Fidelity  &  Columbia  Trust  Co.,  Louisville,  Ky. 
Fid.  T.,  Bait.  =  Fidelity  Trust,  Baltimore,  Md. 
Fid.  T.,  Phil.  =  Fidelity  Trust.  Philadelphia,    Pa. 
F.  N.  =  First  National  Bank,  N.  Y. 
F'k'n   T.  =  Franklin  Trust  Co.,  Brooklyn,  N.  Y. 
F.  T.  &  S.  B.  Chic.  =  First  Trust  &  Savings  Bank,  Chicago,  111. 

G.  =  Guaranty  Trust  Co.  of  New  York. 
Gir.  Phil.  =:Girard  Trust  Co,  Philadelphia,  Pa. 

G.  T.  &  S.  D.,  Phil. —Guarantee  Trust  &  Safe  Deposit  Co.,  Philadelphia,  Pa. 
Guar.  S.  &  T.  Qev.  =  Guardian  Savings  &  Trust  Co.,  Cleveland,  O. 

H.  T.,  Hob.  =  Home  Trust  Co.,  Hoboken,  N.  J. 

Mer.  T.  &  D.,  Bait.  =  Mercantile  Trust  &  Deposit  Co..  Baltimore,  Md. 
Merch.  L.  &  T.,  Chic.  =  Merchants  Loan  &  Trust  Co.,  Chicago,   111. 
M.  V.  T.,  St.  L.  =  Mississippi  Valley  Trust  Co.,  St.  Louis,  Mo. 

N.  T.,  Tor.  =  National  Trust  Co.,  Toronto,  Can. 
N.  Y.  T.  =  New  York  Trust  Co.,  N.  Y. 
No.  Nat.  Bk.,  Toledo  =  Northern  National  Bank,  Toledo,  O. 


O.   C,  Bos.  =  Old  Colony  Trust  Co.,  Boston,  Mass. 

Pa.  C.  I.  L.  &  G.  A.  =  Penna.  Co.  for  Insurance  on  Lives  and  Granting  Annuities, 

Pliiladelphia,   Pa. 
Phil.  T..  S.  D.  &  I.  =  Phila.  Trust,  Safe  Deposit  &  Insurance  Co.,  Philadelphia,  Pa. 
Prov.  L.  &  T.,  Phil.  =  Provident  Loan  &  Trust  Co..  Philadelphia,  Pa. 

S.  D.  &  T..  Bait.  =  Safe  Deposit  &  Trust  Co.,  Baltimore,  Md. 
St.  L.  U.  T.  =  St.  Louis  Union  Trust  Co.,  St.  Louis,  Mo. 
Sup.  S.  &  T.  Gev.  =  S'lpcn.ir  Saving's  &  Trust  Co.,  Cleveland,  O. 

T.  G.  &  T.  =  Title  Guarantee  &  Trust  Co.,  N.  Y. 

U.  S.  T.,  N.  Y.  =  United  States  Trust  Co.  of  N.  Y. 
U.  S.  M.  &  T.  =  United  States  Mortgage  &  Trust  Co.,  N.   Y. 

Un.  =  Union  Trust  Co.,  N.  Y. 
Un.  T.,  Pitts.  =  Union  Trust  Co.,  Pittsburgh,  Pa. 


Railway  Equipment  Obligations* 

On  the  following-  pages  we  present  short  descriptions  of  the  more  im- 
portant equipment  obligations  of  the  principal  railways.  The  statements 
given  have  been  obtained  as  far  as  possible  from  original  sources  and  include 
some  data  which,  so  far  as  we  know,  have  never  been  previously  published. 
This  information  we  believe  to  be  accurate,  but  we  would  be  glad  to  have 
our  attention  called  to  omissions  or  errors  for  insertion  or  correction  in  sub- 
sequent editions. 

i    By  way  of  introduction  we  wish  to  present  some  considerations  bearing 
on  the  history  and  present  investment  position  of  this  class  of  security. 

As  the  name  indicates,  these  securities  are  issued  to  provide  railway 
companies  with  funds  to  pay  a  part  of  the  cost  of  new  rolling  stock — cars 
and  locomotives.  They  are  variously  described  as  Equipment  Bonds  or  Notes, 
and  Car  Trust  or  Equipment  Trust  Certificates,  and  are  generally  issued  in 
one  of  two  forms: 

(1)  Car  Trust  or  Equipment  Trust  Bonds  and  Notes,  which  are  direct 
obligations  of  a  railway  company  or  of  some  association  formed  for 
the  purpose,  and,  if  the  latter,  guaranteed  by  endorsement  by  the  Rail- 
way Company.  Such  bonds  or  notes  are  secured  by  title  to  the  equip- 
ment purchased,  and  by  a  Contract  of  Conditional  Sale  or  of  Lease  of 
such  equipment  to  the  Railway  Company  as  lessee  or  purchaser,  both 
title  and  contract  being  held  under  a  Trust  Agreement  for  the  benefit 
of  the  bondholders. 

(2)  Car  Trust  or  Equipment  Trust  Certificates  secured  by  title  to  the 
equipment  purchased  and  by  a  Contract  of  Lease  to  the  Railway  Com- 
pany.    The  title  may  be  taken  in  some  individual  or  association,  and  a 

jL        contract  with  the  Railway  made  by  such  individual  or  association  as 

\      lessor  and  both  title  and  contract  assigned  to  a  Trustee,  or  the  title  may 

J/  be  vested  originally  in  the  Trustee  and  the  lease  made  by  the  latter 

"^  direct    to    the    Railway    Company.      Certificates    are    issued    by    the 

Trustee,  either  in  the  form  of  a  "certificate  of  beneficial  interest"  in 

the  lease,  or  in  the  form  of  "shares"  in  an  association  acting  as  above 

*For  a  more  extended  discussion  of  this  subject  we  refer  the  reader  to  Cham- 
berlain's Principles  of  Bond  Investment,  Chapter  XXIII,  Henry  Holt  &  Co.,  New 
York.  1911. 


n 

^ 


stated,  both  title  and  contract  of  lease  being  held  under  a  trust  agree- 
ment for  the  benefit  of  the  certificate  holders.  Payment  of  principal 
and  interest  of  the  certificates  is  further  guaranteed  by  covenant  of 
the  Railway  Company.  This  latter  form  is  usually  called  the  "Phila- 
delphia Plan,"  and  originated  because  some  of  the  states  and  prin- 
cipally Pennsylvania  does  not  recognize  the  conditional  sale  as  a 
proper  principle  for  the  issuance  of  equipment  bonds. 

The  Trusts  securing  these  obligations  are  created  for  periods  running 
from  ten  to  fifteen  years,  the  former  being  the  usual  duration.  An  initial 
payment  on  account  of  the  cost  of  the  equipment  covered  amounting  to  from 
10%  to  25%  is  usually  made  by  the  Railway  and  notes  or  certificates  repre- 
senting the  remainder — 75%  to  90%  of  cost — are  issued  payable  in  equal 
annual  or  semi-annual  instalments  with  interest  payable  semi-annually. 
Bonds  so  secured  have  sometimes  been  issued  all  maturing  at  the  end  of 
twenty  years,  a  Sinking  Fund  being  provided  for  the  annual  retirement  of 
bonds,  or  for  the  purchase  of  additional  equipment.  These,  however,  are 
unusual  and  the  present  trend  is  towards  an  issue  payable  in  twenty  equal 
semi-annual  instalments. 

/"  The  general  terms  of  the  Trust  Agreements  securing  these  obligations 
are  now  established,  and  the  law  covering  the  validity  and  interpretation 
is  well  settled.  The  forms  are  subject  to  a  number  of  technical  variations 
which  do  not,  however,  materially  afifect  the  actual  security.  The  Indenture 
definitely  states  the  amount  of  the  issue,  rate  per  cent.,  form,  and  maturity, 
together  with  a  description  of  the  equipment  covered,  its  cost  and  the  initial 
payment  by  the  Railway.  Each  piece  of  equipment  must  be  marked,  as 
evidence  of  ownership  and  for  identification,  with  the  name  of  the  Trustee 
followed  by  the  words  "Trustee,  Owner"  or  some  similar  inscription.  The 
Railway  covenants  to  keep  the  equipment  insured  against  loss  by  fire,  to 
maintain  it  in  good  order  and  repair — ordinary  wear  and  tear  excepted,  to 
replace  items  that  may  be  destroyed,  and  to  furnish  the  Trustees  from  time 
to  time  with  lists  showing  the  physical  condition  of  each  item. 

Under  either  of  the  forms  of  issue  described  above  the  title  to  all  the 
equipment  remains  in  the  Trustee  until  the  debt  is  fully  paid  and  under  the 
Trust  Agreement  and  Lease  or  Contract  of  Sale  the  Trustee  has  the  right  in 
case  of  default  to  take  possession  of  and  sell  the  property  covered,  and  also 
has  a  right  of  action  against  the  Railway  Company  for  principal  and  interest 
of  the  debt,  or  for  any  part  which  may  be  represented  by  deficiency  in  the 
amount  realized  at  such  sale  of  the  equipment. 


8 


The  initial  payment  of  part  of  the  cost  provides  an  immediate  margin  of 
security  for  the  equipment  obligations.  The  annual  depreciation  of  the 
equipment  as  estimated  under  the  rules  of  the  Master  Car  Builders  Associa- 
tion is:  for  wooden  car  bodies,  and  trucks  other  than  all  metal,  6%;  for 
wooden  car  bodies  with  steel  underframe,  5j/2%;  and  for  all  metal  car  bodies 
and  trucks,  5%,  upon  the  yearly  depreciated  value  thereof.  Where,  therefore, 
the  principal  of  the  debt  is  paid  in  instalments  as  above,  the  margin  of 
security  under  normal  conditions  of  business  would  constantly  increase  as 
the  earlier  maturities  are  paid  off. 

Table  showing  depreciated  value  of  equipment  and  per  cent,  of  margin  of 
security  over  outstanding  notes  at  the  end  of  each  year  of  the  life  of  ten-year  equipment 
trust,  payable  in  equal  instalments: 


Wooden 

Equipment 

Value    at    6% 

%  of  Cost  as  Represented 

%    Margin    of 

%  of  Cost  as  Represented 

%    Margin   of 

Year 

Depreciation 

by  Outstanding  Notes. 

Security.    10% 

by  Outstanding  Notes. 

Security.    25% 

10%   of  Cost  Paid. 

of  Cost  Paid 

25%  of  Cost  Paid. 

of  Cost  Paid 

New 

100 

90 

11 

75 

33 

1 

94 

81 

16 

67.5 

39 

2 

88.36 

72 

21 

60 

47 

3 

83.05 

63 

32 

52.5 

58 

4 

78.07 

54 

44 

45 

73 

5 

73.39 

45 

63 

37.5 

96 

6 

68.98 

36 

91 

30 

130 

7 

64.84 

27 

140 

22.5 

188 

8 

60.95 

18 

239 

15 

306 

9 

57.29 

9 

514 

7.5 

663 

10 

53.86 

All  Paid 

All  Paid 

Steel  Equipment. 


Value  at  5% 

%  of  Cost  as  Represented 

%    Margin    of 

%  of  Cost  as  Represented 

%    Margin   of 

Year 

Depreciation 

by  Outstanding  Notes. 

Security.    10% 

by  Outstanding  Notes. 

Security.    25% 

10%   of  Cost  Paid. 

of  Cost  Paid 

25%    of    Cost    Paid. 

of  Cost  Paid 

New 

100 

90 

11 

75 

33 

1 

95 

81 

17 

67.5 

40 

2 

90.25 

72 

25 

60 

50 

3 

85.73 

63 

37 

52.5 

63 

4 

81.45 

54 

51 

45 

81 

5 

77.27 

45 

72 

37.5 

106 

6 

73.50 

36 

104 

30 

145 

7 

69.83 

27 

158 

22.5 

212 

8 

66.34 

18 

268 

15 

342 

9 

63.02 

9 

600 

7.5 

740 

10 

59.87 

All  Paid 

All  Paid 

The  wonderful  increase  in  the  number  of  all-steel  passenger  cars  placed 
in  service  in  the  country  since  January  1,  1909,  is  all  the  more  remarkable 
when  we  remember  that  the  first  modern  experimental  all-steel  passenger 
car  for  use  on  steam  roads  was  not  placed  in  service  until  1906.  The  use  of 
the  steel  frame,  side  door  suburban  car  on  the  Illinois  Central  in  the  fall 
of  1902  was  probably  the  first  move  toward  the  introduction  of  steel  passenger 
equipment.  Experience  of  a  crude  design  of  side  door  equipment  in  tem- 
porary use  during  the  Chicago  World's  Fair  demonstrated  the  value  of  this 
principle  in  handling  suburban  traffic  and  a  steel  frame  was  adopted  for  the 
superstructure  because  of  its  marked  advantages  for  this  type  of  construction. 

The  Pennsylvania  Railroad  officers  became  interested  in  the  develop- 
ment of  an  all-steel  car  because  of  the  necessity  of  providing  fireproof  equip- 
ment under  the  North  and  East  Rivers  in  connection  with  the  terminal  in 
New  York.  The  first  experimental  cars  for  through  passenger  traffic  were 
built  by  the  Pennsylvania  Railroad  at  the  Altoona  and  the  Southern  Pacific 
at  the  Sacramento  shops.  These  were  built  in  1906 ;  but  it  was  not  until 
the  middle  of  1907  that  the  first  real  move  was  made  toward  the  introduction 
of  the  all-steel  car  for  passenger  service.  Today  many  of  our  roads  use 
nothing  but  all-steel  or  steel  underframe  equipment  on  their  high-class  pas- 
senger trains.  The  behavior  of  these  cars  in  rough  service  and  wrecks  has 
indicated  their  value  from  a  safety  standpoint,  although  there  is  still  a  con- 
siderable question  as  to  the  best  type  of  design  to  properly  dissipate  the  end 
shocks  and  afford  the  greatest  protection. 

One  of  the  most  important  considerations  in  connection  with  Equipment 
notes  is  that  in  cases  of  receivership  or  reorganization  of  a  Railway  Com- 
pany, it  is  the  practice  to  maintain  payment  of  both  principal  and  interest 
of  equipment  issues  under  authority  of  Court,  the  Court  authorizing  the 
Receiver  to  borrow  money  for  this  purpose  if  necessary.  This  principle  is 
based  on  the  fact  that  the  equipment  is  necessary  to  the  operation  of  the 
property,  and  that  the  railway,  as  a  quasi--puh\ic  corporation,  must  be  kept 
in  operation  for  the  public  convenience.  From  this  it  has  usually  resulted 
that  equipment  obligations  have  fared  better  in  reorganizations  than  the 
mortgage  bonds  of  the  reorganized  or  foreclosed  company.  A  study  of  the 
history  of  the  various  Receiverships  of  the  past  years  forcibly  illustrates  this 
point  as  well  as  the  soundness  of  this  plan  of  financing  and  the  protection 
afforded  the  investor. 

The  following  railway  companies,  reorganized  between  1888  and  1914 
either  with  or  without  foreclosure,  all  had  outstanding  equipment  obligations. 
In  every  case  principal  and  interest  of  such  obligations  were  paid  in  full, 


10 


while  other  securities,  with  a  few  exceptions,  were  reduced  in  rate  or  amount, 
or  both : 

Atchison,  Topeka  c*v:  Santa  Fe  Railroad. 

Baltimore  &  Ohio  Railroad. 

Buffalo  &  Suscjuehanna  R.  R.  Corp. 

Central  Railroad  &  Banking  Company  of  Georgia, 

Chesapeake  .J^c  Ohio  Railway. 

Chicago  tS:  Southern  Railway. 

Columbus,  Hocking  Valley  &  Toledo  Railway. 

(Now  Hocking  Valley  Railroad). 
Kansas  City,  Pittsburgh  &  Gulf  Railroad. 

(Now  Kansas  City  Southern  Railway). 
New  York,  Lake  Erie  &:  Western  Railroad. 

(Now  Erie  Railroad). 

Norfolk  &  Southern  Railway. 

Northern  Pacific  Railroad. 

Philadelphia  t^  Reading  Railroad. 

Richmond  &  Danville  Railroad.     )  ■»!        c      i.u         -n   •^ 

r-         ■     r)      c     TD     1  f  Now  Southern  Railway. 

Georgia  racinc  Railway.  ) 

Seaboard  Air  Line. 

Southern  Indiana  Railway. 

Toledo,  St.  Louis,  &.  Kansas  City  Railroad  Co. 

(Now  Toledo,  St.  Louis  &  Western  Railroad). 
Union  Pacific  Railway. 
The  following  railway  companies,  reorganized  after  foreclosure,  either 
paid   their  equipment   obligations   in  full   or  offered   the   holders  an   advan- 
tageous exchange  of  securities  which  amounted  to  considerably  more  than 
such  payment.     Other  securities  were  reduced  in  rate  or  amount: 
^,  ^  Denver  &  Rio  Grande  Railway. 

^  ,   ,  Norfolk  &  Western  Railway. 
The  Atlanta,  Birmingham  &  Atlantic  R.  R.  Company  has  been  in  the 
hands  of  receivers,  but  was  bought  in  by  the  General  Protective  Committee 
in  June,  1914. 

The  following  roads  are  at  present  in  the  hands  of  a  Receiver: — 
Buffalo  &  Susquehanna  Railway. 
Chicago  &  Eastern  Illinois  Railroad. 
Chicago,  Peoria  &:  St.  Louis  Railroad. 
Cincinnati,  Hamilton  &  Dayton  Railroad. 


11 


Colorado  Midland  Railway. 

International  &  Great  Northern  Railway. 

Kansas  City  &  Memphis  Railway. 

Missouri,  Oklahoma  &  Gulf  Railroad. 

New  Orleans,  Texas  &  Mexico  Railroad. 

Pere  Marquette  Railroad. 

Pittsburg,  Shawmut  &  Northern  Railroad. 

St.  Louis  &  San  Francisco  Railroad. 

Trinity  &  Brazos  Valley  Railway. 

Wabash  Railroad, 

Wheeling  &  Lake  Erie  Railroad. 
All  of  the  foregoing  are  in  default  on  one  or  more  issues  of  mortgage 
bonds,  but,  with  the  exception  of  the  Cincinnati,  Hamilton  &  Dayton  Railway 
Company  and  the  Pere  Marquette  Railroad  Company,  are  meeting  their 
equipment  obligations.  There  are  special  conditions  surrounding  the  Cin- 
cinnati, Hamilton  &  Dayton  Railway  issue,  which  make  its  case  one  from 
which  general  conclusions  cannot  be  drawn.  Regarding  the  default  in  the 
principal  of  Pere  Marquette  Equipmicnt  issues,  an  agreement  has  been  reached 
between  the  Receiver  of  the  road  and  holders  of  these  bonds  whereby  the 
Receivers  are  to  deposit  a  certain  sum  each  month  with  the  Columbia  Trust 
Company  of  New  York  to  be  applied  to  payment  of  interest  and  principal  of 
these  equipment  obligations. 

From  the  above  review  it  will  be  noted  that  in  practically  every  case  of 
railway  reorganizations  the  principal  and  interest  of  equipment  obligations 
have  been  paid  in  full  or  the  holders  otherwise  reimbursed  without  loss. 
Final  settlement  in  the  matter  of  an  issue  of  the  Detroit  Southern  Railway 
Co.,  now  the  Detroit,  Toledo  &  Ironton  R.  R.,  is  still  pending.  The  Com- 
pany defaulted  in  June,  1908,  in  the  payment  of  the  interest  on  $1,656,000 
Car  Trust  Notes.  The  equipment  covered  by  these  notes  was  sold,  and, 
as  we  understood,  was  purchased  by  or  on  behalf  of  the  noteholders  and  all 
of  the  notes  were  used  in  payment  of  the  purchase  price.  The  notes  have 
not  yet  been  cancelled,  but  it  is  expected  that  they  will  be  turned  in  shortly 
and  the  matter  closed. 

While  these  securities  are  not  generally  listed  on  any  exchange  the 
majority  of  the  issues  enjoy  an  active  market  and  sale  can  usually  be  made 
without  difficulty.  In  view  of  the  foregoing  we  believe  that  this  class  of 
security  combines  in  as  high  a  degree  as  any,  the  three  essential  require- 
ments of  a  good  investment,  namely :  security,  marketability  and  interest 


return. 


>r 


12 


RAILWAY    EQUIPMENT   OBLIGATIONS 


Alabama  Great  Southern  R.R.  Co. 
Car  Trust  Series  "B"     .      .      .     4K'% 


Dated  Feb.  1.  1905  Due  $50,000  S.A. 

to  Feb.  1.  1915 
Issued  $1,000,000  Outstanding    $50,000 

*Int.  pay.  Feb.  and  Aug.  1  at  Blair  &  Co..  N.  V. 
Trustee,  N.YT.  Form  C 


Alabama  Great  Southern  R.R.  Co. 
Car    Trust  .Series  "C"      .      .      .     4^'% 


Dated  May  1,  1906  Due  $74,000  S.A. 

to  Nov.  1,  1915, 
$73,000  May   1,   1916 
Issued  $1,479,000  Outstanding    $221,000 

*Int.  pay.  May  and  Nov.  1  at  Blair  &  Co..  N.  Y. 
Trustee.   F'k'n-T  Form  C 


Alabama  Great  Southern  R.R.  Co. 

Car  Trust  Series  "D"     .      .      .     4^% 


Dated  July  1.  1909  Due  $50,000  S.A. 

to  July   1,   1919 
Issued    $1,000,000  Outstanding   $500,000 

*Int.  pay.  Jan.  and  July  1   at  Em. 

Trustee,   Em.  Form   C 


Algoma  Central  &  Hudson  Bay  Ry.  Co. 

Car   Trust  Bond  Series  "A"      .      .      6% 


Dated  May  15.  1911  Due  $50,000  A. 

to  May  15.  1921 
Issued  $500,000  Outstanding  $350,000 

*Int.  pay.  May  and  Xov.  15  at  .Maitland.  Coppcll 
&  Co..  N.  Y. 
Trustee,  N.T.  Tor.  Form  C 


Security  : 

12  Locomotives 
1,000  Bo.x  Cars 
250  Gondola    Cars 
200  Coke  Cars 
100  Ore  Cars 
Equipment  cost  $1,141,246.50.     Outstanding  notes 
represent  4%   of  original  cost. 


Security: 

8  Locomotives 
250  Coke  Cars 
250  Flat   Cars 
250  Gondola  Cars 
250  Steel  Hopper  Cars 
1.000  Box  Cars 
Equipment  cost  $1,741,002.50.     Outstanding  notes 
represent  12%  of  original  cost. 


Security: 

20  Locomotives 
10  Passenger  Cars 
3  Mail   Cars 
2  Baggage    Cars 
250  Steel  Hopper  Cars 
375  Steel  Gondola  Cars 
200  Steel  Un.lerframe  Flat  Cars 
Equipment  cost  $1,207,903.60.     Outstanding  notes 
represent  41%   of   original  cost. 


Security  : 

20  Locomotives 
230  Freight  Cars 
Equipment     cost     $525,000.      Outstanding     notes 

represent  56%    of  original   cost. 
Callable  at  par  and  interest  on  any  interest  date. 


12a 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Algoma  Central  &  Hudson  Bay  Ry.  Co. 
Car  Trust  Bonds  Series  "B"  .      .     6% 


Dated  Aug.   IS,   1911  Due  A. 

to  Aug.  15,  1921 
Issued  $225,000  Outstanding     $157,500 

*Int.  pay.  May  and  Nov.  15  at  Maitland,  Coppcll 
&  Co.,  N.  Y. 
Trustee,  .  Form  C. 

Algoma  Central  &  Hudson  Bay  Ry.  Co. 
Car  Trust  Bonds  Series  "C"  . 


Security  : 

105  Freight  Cars 
2  Snow  Plows 

Also  Passenger  Train  Equipment 
Callable  at  par  and  interest  on  any  interest  date. 


Dated  May  15,  1912  Due  $7,000  A. 

to  May  15. 1917, 
$8,000  May  15,  1918-1922 
Issued  $75,000  Outstanding     $61,000 

*Int.  pay.  May  and  Nov.  15  at  Maitland,  Coppell 
&  Co.,  N.  Y. 
Trustee.  .  Form  C. 


Security  : 

25  Flat  Cars 
88  Ore  Cars 
1  Crane 
1  Wrecker 
Callable  at  par  and  interest  on  any  interest  date. 


American  Refrigerator  Transit  Co. 

Equipment   Notes   Series  "A"      .     5% 


Dated  June   1,   1911  Due   S.A. 

to  June  1,  1921 
Issued  $1,188,000  Outstanding  $774,000 

*Int.  pay.  June  and  Dec.  1   at  G. 

Trustee,  G.  Form  C 


Security  : 

1,000  Steel  Underframe  Refrigerator  Cars 
Equipment    cost    $1,314,400.     Outstanding    notes 

represent  58%  of   original  cost. 


American  Refrigerator  Transit  Co. 
Equipment   Notes   Series   "B" 


5% 


Dated  Dec.  2.  1912 


Due  $24,000  S.A. 
to  Dec.  1,  1922 
Issued  $480,000  Outstanding  $408,000 

*Int.  pay.  June  and  Dec.  1  at  F.T.&S.B. 
Trustee,  F.T.&S.B.,  Chic.      Form  C. 


Security  : 

500  Steel  Underframe  Refrigerator  Cars 
Equipment  cost  $573,630.     Outstanding  notes  rep- 
resent 71%  of  original  cost. 


12b 


RAILWAY   EQUIPMENT   OBLIGATIONS 


American   Refrigerator  Transit  Co. 
Equipment    Notes   Series   "C" 


5% 


Dated  May  1.  1*)I3  D  ic  $105,000  S.A. 

to    May     1,     1923 
Issued  $2,150.(^)0  Onl-taiKlipR  $1.7X5,000 

*!nt.  pay.  May  and   Nov.  1  at  F.T.  &  S.  and  F. 
Nat.,  N.  Y. 
Trii.-tee,  F.T.&S.,  Cliic.        Form  C,  r. 


Ann  Arbor  R.R.  Co. 

Equipment  Notes  Series  "A" 


5% 


Dated  Nov.  1.  1909 


Due  $33,000  S..\. 
to  Nov.  1,  1919 
Issued  $660,000  O.itstanding  $330,000 

*Int.  pay.  May  and  Nov.  1   at  B. 

Trustee,  B.  Form  C 


Ann  Arbor  R.R.  Co. 

First  Lien  Equip.  Notes  Series  "B"  5% 


Dated  Jan.  1,  1911 


Issued  $600,000 


Due  $30,000  S..^. 
to  Jan.  1,  1921 
Outstanding  $330,000 


♦Int.  pay.  Jan.  and  July  1  at  Em. 

Trustee,    Em.  Form   C 


Security  : 

2,000  Steel   L'nderframe  Beef  Cars 
Equipment     cost     $2,632,000.     Outstanding    notes 

represent  67%   of  original  cost. 


Security: 

500  Steel    Gondola    Cars 

300  Steel  Underframe  Bo.x  Cars 

Equipment  cost  $826,880.     Outstanding  notes  rep- 
resent 39%   of  original   cost. 


Security  : 

13  Locomotives 

4  Passenger  Cars 

2  Cafe- Parlor  Cars 

5  Motor  Cars 

105  Steel  Box  and  Refrigerator  Cars 
1   Steel  Car-Ferry 
Equipment  cost  $853,407.     Outstanding  notes  rep- 
resent 3S%   of  <>rir.riiial   cost. 
Redeemable  at  102'/^. 


12c 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Ann  Arbor  R.R.  Co. 

American  Loco.  Equip.  Notes 


5% 


Dated  Aug.   1,  1912 


Due  $7,500  S.A. 
toAug.  1,1915 
Issued  $41,577  Outstanding    $15,000 

*Int.  pay.  Feb.  and  Aug.  1  at  Harvey  Fisk  &  Sons, 
N.  Y. 


Security  : 

3  Freight  Locomotives 
Equipment  cost  $56,577.     Outstanding  notes  rep- 
resent 26%  of  original  cost. 


Atlanta,  Birmingham  &  Atlantic  R.R.  Co. 
Equipment  Trust  Notes  Series  "A"  5% 


Dated  May  1,  1906  Due  $60,000  S.A. 

to  May  1,  1916     ' 
$66,000  Nov.  1, 1916 

Issued  $1,206,000  Outstanding   $246,000 

*Int.  pay.  May  and  Nov.  1  at  E. 

Trustee,   E.  Form   C 


Security  : 

1,100  Box  Cars 
300  Flat  Cars 
19  Passenger  Cars 
6  Mail  and  Baggage  Cars 
16  Locomotives 


Atlanta,  Birmingham  &  Atlantic  R.R.  Co. 
Equipment  Bonds  Series  "B"     .     5% 


Dated  July  1,  1907  Due  $86,000  S.A. 

tojuly  1,1917 
Issued  $1,720,000  Outstanding  $602,000 

*Int.  pay.  Jan.  &  July  1  at  Harris,  Forbes  &  Co., 
N.  Y. 
Trustee,  G.  Form  C,  r. 


Security  : 

1,200  Coal  Cars 
500  Box  Cars 
300  Flat  Cars 
30  Caboose  Cars 
25  Locomotives 
Equipment  cost  $2,317,998.90.     Outstanding  bonds 
represent  25%   of  original  cost. 


Atlantic  Coast  Line  R.R.  Co. 

Equipment  Bonds  Series  "A"     .     4% 


Dated  Mar.  1,  1907  Due  $225,000  S.A. 

to  Sept.  1,  1917 
Issued,  $4,500,000  Outstanding  $1,123,000 

*Int.  pay.  Mar.  and  Sept.  1  at  U.S.Tr. 

Trustee,  S.D.&T.,  Bait.      Form  C,  r. 


Security  : 

100  Locomotives 
2,500  Steel   Underframe  Box  Cars 
780  Steel  Underframe  Flat  Cars 
25  Passenger  Cars 

8  Mail  and  Express  Cars 
20  Express  Cars 
Equipment    cost    $5,000,000.     Outstanding 
represent  22%  of  original  cost. 


bonds 


12d 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Atlantic  Coast  Line  R.R.  Co. 

Equipment  Bonds  Series  "B"  .     4i/<% 


Dated  Dec.  1.  1911  Due  $125,000  S.A. 

to  Dec.  1,  1921 
Issued  $2,500,000  Outstanding  $2,000,000 

♦Int.  pay.  June  and  Dec.  1  at  U.  S.  Tr.,  N.  Y. 
Tnistee,  S.D.&T.Balt.        Form  C,  r. 


Security  : 

15  Passenger  Locomotives 
20  Freight   Locomotives 
1.900  Steel  Underframe  Box  Cars 
100  Steel  Underframe  Flat  Cars 
41  Steel  Underframe  Passenger  Cars 
8  Steel  Mail  Cars 
Equipment    cost    $2,777,778.      Outstanding    notes 
represent  72%   of  original   cost. 


Baltimore  &  Ohio  R.R.  Co. 

Equipment   Notes 

Dated  Feb.  1,  1912 


^y2% 


Due  $1,000,000  A. 
to  Feb.  1,  1922 
Issued  $10,000,000  Outstanding  $8,000,000 

*Int   pay.    Feb.   and   Aug.   1   at   Company's  office, 
N.  Y. 
Trustee,  Gir.  Phil.  Form  C,  r. 


Security  : 

150  Locomotives 

3,000  Hopper  Cars 

2,000  Coke  Cars 

2.000  Box  Cars 

1.000  Gondola  Cars 
Equipment    cost   $11,000,000.     Outstanding   notes 

represent  72%   of  original  cost. 


Baltimore  &  Ohio  R.R.  Co. 
Equipment  Notes 


4^% 


Dated  April  1.  1913 

Issued  $10,000,000 
*Int.  pay.  April  and  Oct. 
N.  Y. 
Trustee.  Gir.   Phila. 


Due  $1,000,000  A. 
to  April  1.  1923 
Outstanding  $8,000,000 
1  at  Company's  office. 

Form  C,  r. 


Security: 

110  Mikado  Type  Locomotives 
30  Pacific 
10  Mallet 
1  Electric      " 
112  Passenger  Cars 
1,822  Gondola  Cars 
2,000  Hopper  Cars 
Notes  not  to  exceed  90%  of  cost  of  equipment. 
Guaranteed    nncdnfiitinnally    as    to    principal 
and  interest  by  B.  &  O.  R.R. 


13 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Bangor  &  Aroostook  R.R.  Co. 

Car  Trust  Series  "C"   . 


5% 


Dated  June  1,  1906 


Due  $45,000  S.A. 
to  June  1,  1916 
Issued  $900,000  Outstanding  $180,000 

*Int.  pay.  June   and   Dec.   1   at  Brown   Brothers 
&  Co,  N.  Y. 
Trustee,  Pa.I.L.&G.A.        Form  C,  r. 


Security  : 

510  Box  Cars 

635  Flat  Cars 
Equipment    cost    $1,000,903.     Outstanding    notes 
represent  18%  of  original  cost. 


Bangor  &  Aroostook  R.R.  Co. 

Car  Trust  Series  "D"  . 


5% 


Dated  April  1,  1907 


Due  $45,000  S.A. 
to  April  1,  1917 
Issued  $900,000  Outstanding  $225,000 

*Int.  pay.  Apr.  and  Oct.  1  at  Brown  Bros.  &  Co, 
N.  Y. 
Trustee,  Pa.I.L.&G.A.        Form  C,  r. 


Security  : 

300  Flat  Cars 
706  Box  Cars 
40  Stock  Cars 
6  Caboose  Cars 
Equipment    cost    $1,000,000.    Outstanding    notes 
represent  22%  of  original  cost. 


Bangor  &  Aroostook  R.R.  Co. 

Car  Trust  Series  "E"  . 


5% 


Dated  Oct.   1,   1911 


Due  Alternately 
$12,000     and 
$13,000   A.  to 
Oct    1,    1921 
Issued  $125,000  Outstanding    $88,000 

*Int.  pay.  Apr.  and  Oct.  1  at  Brown  Bros.  &  Co., 
N.  Y. 
Trustee,  Pa.I.L.&G.A.        Form  C,  r. 


Security  : 

2  Gasolene  Electric  Motor  Cars 

6  Locomotives 
Equipment  cost  $140,000.    Outstanding  notes  rep- 
resent 61%  of  original  cost. 


14 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Bessemer  Sc  Lake  Erie  R.R.  Co. 
Erie   Equipment  Bonds 


Dated  Feb.  28,  1902  Due  Mar.  1,  1922 

Issued  $1,220,000  Outstanding  $1,220,000 

*Int.  pay.  Mar.  and  Sept.  1  at  H.  T.  Hob. 
Trustee,  H.  T.  Hob  Form  C 


Security  : 

11  Locomotives 
1,000  Steel  Hopper  Cars 
(Not  on  the  market) 


Bessemer  &  Lake  Erie  R.R.  Co. 
Standard  Equipment  Bonds   . 


5% 


Dated  April  1.  1905  Due  .\pril  1,  1925 

Issued  $1,060,000  Outstanding  $1,060,000 

♦Interest  payable  April  and  Oct.  1  at  H.  T.  Hob. 
Trustee,   H.T.   Hob.  Form   C 


Security: 

12  Locomotives 
1,000  Steel  Gondola  Cars 
(Not  on  the  market) 


Bessemer  Sc  Lake  Erie  R.R.  Co. 
National   Equipment   Bonds    . 


5% 


Dated  May  1,   1905 


Due  $40,000  A. 
to  Mar.   1,   1915 
Issued  $400,000  Outstanding       $40,000 

♦Interest  payable  March  and  Sept.  1  at  H.  T.  Hob. 
Trustee  H.T.  Hob.  Form  C 


Security  : 

400  Steel  Cars 
(Not  on  the  market) 


Bessemer  &  Lake  Erie  R.R.  Co. 

Bessemer   Equipment   Bonds 


.     5% 


Dated  March  1,  1907 


Due  $110,000  A. 
Mar.  1.  1918  to  1927 
Issued  $1,100,000  Outstanding  $1,100,000 

♦Interest  payable  March  and  Sept.  1  at  H.  T.  Hob. 
Trustee  H.T.  Hob.  Form  C 


Security  : 

6  Locomotives 
SCO  Hopper  Cars 
500  Gondola  Cars 
(Not  on  the  market) 


15 


RAILWAY   EQUIPMENT   OBLIGATIONS 


] 


I 


Bessemer  &  Lake  Erie  R.R.  Co. 

Conneaut  Equipment  Trust  Bonds  5% 


Dated  April  1,  1909 
J      Issued  $300,000 


Due  April  1,  1919 
Outstanding     $300,000 
♦Interest  payable  Apr.  and  Oct.  1  at  H.  T.  Hob. 
Trustee  H.T.  Hob.  Form  C 


Security  : 

25  Locomotives 
(Not  on  the  market) 


Bessemer  &  Lake  Erie  R.R,  Co. 

Meadville  Equipment  Trust  .      .     5% 

Security  : 

35  Locomotives 

Dated  March  1,  1911            Due  $55,000  A. 

Mar.  1,  1922  to  1931 
Issued  $550,000                        Outstanding  $550,000 
♦Interest  payable  Mar.  and  Sept.  1  at  H.  T.  Hob. 
Trustee  H.T.  Hob.                 Form  C 

Bessemer  &  Lake  Erie  R.R.  Co. 

Albion  Equipment  Trust  .      .      .     5% 

Security  : 

500  Steel  Gondola  Cars 

400  Steel  Underframe  Box  Cars 

Dated  June  1,  1912                 Due  $75,000  A. 

June  1.  1923  to  1932, 

$100,000  June,  1933, 

$100,000  June,  1934 

Issued    $950,000                      Outstanding   $950,000 

*Int.  pay.  June  and  Dec.  1  at  H.  T.  Hob. 

Trustee  H.  T.  Hob.                 Form  C 

100  Steel  Box  Cars 

Boston  &  Albany  R.R.  Co. 
(N.Y.C.  &  H.R.R.R.) 
Equipment  of  1912     .      .      .      .4^% 

Security: 

Equipment  costing  10%  in  excess  of  bond  issue. 
Guaranteed   as  to  principal  and  interest  by  the 
New  York  Central. 

Dated  Oct.  1,  1912                 Due  $500,000  A. 

to  Oct.  1,  1927 
Issued  $7,500,000                   Outstanding  $6,500,000 
tint.  pay.  Apr.  and  Oct.  1. 

Trustee,  G.                     Form  C,  r,  R. 

16 


RAILWAY    EQUIPMENT   OBLIGATIONS 


Buffalo  &  Susquehanna  Ry.  Co. 

Equipment  Trust  Series  "A"  .      .     5% 


Dated  July  2,  1906  Due  $43,000  S.A. 

to   July    1,    1916 
Issued  $871,000  Outstanding     $172,000 

*Int.  pay.  Jan.   and  July   1   at  Harris,   Forbes  & 
Co..  N.  Y.  ' 


Trustee,  U.S.M.&T 


Form  C 


Sfxurity  : 

100  Steel   Gondola   Cars 
Equipment  cost  $1,036,181.25.     Outstanding  notes 

represent  16%  of  original  cost. 
Assumed  by   Buffalo  &  Susquehanna  R.R.  Corp. 


Buffalo  &   Susquehanna  Ry.   Co. 

Equipment  Trust  Series  "B"  .      .     5% 


Dated  April  1,  1907  Due  $27,000  S.A. 

to  April  1,  1917 
Issued  $540,000  Outstanding     $135,000 

*Int.  pay.   Apr.  and  Oct.  1   at  Harris,   Forbes  & 
Co.,  N.  Y. 
Trustee,  U.S.M.&T.  Form  C 


Security: 

500  Gondola  Cars 

4  Passenger  Cars 

•       2  Passenger  and  Baggage  Cars 

5  Locomotives 

Equipment    cost   $670,085.10.      Outstanding   notes 
represent  20%  of  original  cost. 


Buffalo  &   Susquehanna  Ry.  Co. 

Equipment  Trust  Series  "C"  .      .     5% 


Dated  August   1,    1907         Due  $45,000  S.A. 

to  Aug.  1,   1917 
Issued  $900,000  Outstanding     $270,000 

*Int.  pay.  Feb.  and  Aug.  1  at  Col. 

Trustee,   Pa.Co.I.L&G.A.       Form  C 


Security  : 

450  Gondola  Cars 
150  Hopper  Cars 
150  Steel  Undcrframe  Box  Cars 
15  Freight    Locomotives 
Equipment  cost  $1,126,117.50.     Outstanding  notes 

represent  23%  of  original  cost. 
Assumed  by   Buffalo  &  Susquehanna   R.R.  Corp. 


Buffalo  &  Susquehanna  Ry.  Co. 
Car   Trust   Series   "D"       .      . 


5% 


Dated  August  1,  1907  Due  $15,000  S.A. 

to  Aug.   1,   1917 
Issued  $300,000  Outstanding       $90,000 

*rnt.  pay.  Feb.  and  Aug.   1   at  Pa.Co.I.L&G.A. 
Trustee,  Pa.Co.I.L&G..\.  Form  C,  r. 


Security: 

150  Gondola  Cars 
50  Hopper  Cars 
50  Steel  Undcrframe  Box  Cars 
5  Freight  Locomotives 
Equipment   cost   $375,372.50.     Outstanding   notes 

represent  24%  of  original  cost. 
Assumed  by  Buffalo  &  Susquehanna  R.R.  Corp. 


17 


RAILWAY  EQUIPMENT  OBLIGATIONS 


Buffalo,  Rochester  &  Pittsburgh  Ry.  Co. 

Equipment  Bonds  Series  "A"  .     4^^% 


Dated  May  1,  1889  Due  May  1,  1919 

Issued  $500,000  Outstanding     $495,000 

*Int.  pay.  May  and  Nov.   1  at  A.  Iselin  &   Co., 
N.  Y. 

Trustee,  G.  Form  C,  r. 


Buffalo,  Rochester  &  Pittsburgh  Ry.  Co. 
Equipment  Bonds  Series  "B"  .     4^/^% 


Dated  May  1,  1901  Due  May  1,  1921 

Issued  $1,000,000  Outstanding     $993,000 

*Int.  pay.   May  and  Nov.   1   at  A.  Iselin  &  Co., 
N.  Y. 

Trustee,  G.  Form  C,  r. 


Security  (now  pledged) 
731  Gondola  Cars 
7  Combination  Cars 

4  Baggage  Cars 

5  Coaches 

1  Snow  Plow 
9  Locomotives 
1  Cafe  Parlor  Car 
1  Pile  Driver 
1  Scale  Test  Car 
1  Locomotive  Crane 
Valued  as  of  July  22,   1914,   after  allowing  for 

depreciation,  at  $888,748. 
Sinking  Fund  of  5%  per  annum  for  purchase  of 
bonds  at  par  or  of  additional  equipment  as 
further  security. 


Security   (now  pledged)  : 
29  Locomotives 
19  Passenger  Cars 
19  Coke  Cars 

2  Gas  Motor  Cars 

1  Tank  Locomotive 
1,354  Gondola  Cars 

3  Locomotive  Cranes 

Valued   as  of  July  22,   1914,   after  allowing  for 

depreciation,  at  $1,767,841.63. 
Sinking  fund  same  as  Series  "A." 


Buffalo,  Rochester  &  Pittsburgh  Ry.  Co. 
Equipment  Bonds  Series  "C"  .     4j^% 


Dated  May  1,  1901  Due  May  1,  1921 

Issued  $1,000,000  Outstanding     $904,000 

♦Int.  pay.  May  and  Nov.   1  at  A.  Iselin  &  Co., 
N.  Y. 

Trustee,  G.  Form  C,  r. 


Security   (now  pledged)  : 
53  Locomotives 
1,033  Gondola  Cars 
10  Box  Cars 
1  Combination  Car 
1  Wrecking  Crane 
1  Locomotive  Crane 
Valued  as  of  July  22,   1914,   after  allowing  for 

depreciation,  at  $1,693,428.91. 
Sinking  fund  same  as  Series  "A." 


18 


RAILWAY  EQUIPMENT  OBLIGATIONS 


Buffalo,  Rochester  &  Pittsburgh  Ry.  Co. 
Equipment  Bonds  Series  "D"  .     4^/2% 


Dated  Nov.  1.  1902  Due  Nov.  1,  1919 

Issued  $2,000,000  Outstanding     $752,000 

*Int.  pay.  May  and  Nov.   1  at  A.   Iselin  &  Co., 
N.  Y. 

Trustee,  G.  Form  C,  r. 


Buffalo,  Rochester  &  Pittsburgh  Ry.  Co. 
Equipment  Bonds  Series  "E"  .     4^/2% 


Dated  May  1,  1904  Due  May  1,  1922 

Issued  $2,000,000  Outstanding  $1,156,000 

♦Int.  pay.  May  and  Nov.   1   at  A.  Iselin  &  Co., 
N.  Y. 

Trustee,   G.  Form  C,  r. 


Buffalo,  Rochester  &  Pittsburgh  Ry.  Co. 
Equipment  Bonds  Series  "F"  .     4^% 


Dated  April  1,  1907  Due  April  1,  1927 

Issued  $3,000,000  Outstanding  $1,773,000 

*Int.  pay.   Apr.  and  Oct.   1   at  A.   Iselin  &  Co., 
N.  Y. 

Trustee.  G.  Form  C,  r. 


Security  (now  pledged)  : 
45  Locomotives 

3  Passenger  Cars 
301  Box  Cars 

1,213  Gondola  Cars 
10  Stock   Cars 
23  Refrigerator  Cars 
76  Coke  Cars 

4  Combination  Cars 
1  Baggage  Car 

Valued  as  of  July  22,  1914,  after  allowing  for 
depreciation,  at  $2,235,144.74. 

Sinking  Fund  6%  per  annum  to  buy  bonds  at  105 
or  better.  If  they  cannot  be  purchased  at 
this  price  the  Trustee  draws  them  by  lot  at 
105.     Sinking  fund  bonds  to  be  cancelled. 


Security   (now  pledged)  : 
30  Locomotives 
10  Passenger  Cars 
1,988  Gondola  Cars 
102  Box  Cars 
2  Combination  Cars 
Valued  as  of  July  22.   1914,   after  allowing   for 

depreciation,  at  $2,239,493.59. 
Sinking  fund  same  as  Series  "D." 


Security   (now  pledged)  : 
27  Locomotives 
2.135  Steel  Gondola  Cars 
515  Box  Cars 
1  Steel  Coach 
Valued  as  of  July  22,   1914,   after  allowing   for 

depreciation,  at  $3,536,192.21. 
Sinking  Fund  6%  per  annum  of  bonds  issued  for 
purchase  or  redemption  by  lot  at  par.  Sink- 
ing fund  bonds  to  be  cancelled.  Subject  to 
call  for  Sinking  Fund  at  par.  Subject  to 
redemption  as  a  whole  or  in  part  at  102. 


19 


RAILWAY   EQUIPMENT  OBLIGATIONS 


Buffalo,  Rochester  &  Pittsburgh  Ry.  Co. 
Equipment  Bonds  Series  "G"       .     4% 


Dated  Oct.  1,  1909  Due  Oct.  1,  1929 

Issued  $3,000,000  Outstanding  $2,640,000 

*Int.  pay.  Apr.  and  Oct.  1   at  A.  Iselin  &   Co., 
N.  Y. 
Trustee,  G.  Form  C,  r. 


Security   (now  pledged)  : 
2,450  Steel  Coal  Cars 
914  Steel  Underframe  Box  Cars 
100  Steel  Underframe  Flat  Cars 
22  Steel  Passenger  Train  Cars 
25  Gondola  Cars 
13  Locomotives 
Valued  as  of  July  22,   1914,   after  allowing   for 

depreciation,  at  $3,317,941.62. 
Sinking  Fund  same  as  Series  "F." 


Buffalo,  Rochester  &  Pittsburgh  Ry.  Co. 
Equipment  Bonds  Series  "H"     .     5% 


Dated  July  1,  1913  Due  $125,000  A. 

Jan.  1,  1915  to  1930 
Issued  $2,000,000  Outstanding  $2,000,000 

tint.   pay.  Jan.   and   July   1   at  A.   Iselin  &   Co., 
N.  Y. 
Trustee,   G.  Form  C,  r. 


Security: 

1,000  Steel  Underframe  Coal  Cars 
500  Steel  Underframe  Box  Cars 
500  Steel  Underframe  Gondola  Cars 
15  Mikado  Type  Locomotives 
Equipment  cost  about  $2,200,000. 


Canadian  Northern  Ry.  Co. 

Imperial  Rolling  Stock  Co.,  Ltd. 

First  Mortgage  Bonds  Series  "K"  4>4% 


Dated  Oct.  1,  1905  Due 

$130,000  Oct.  1,  1915 

Issued  $1,000,000  Outstanding     $130,000 

tint.  pay.  Apr.  and  Oct.  1  at  Can.  Bk.  of  Com.. 

N.  Y.,  Lon.  and  Tor. 

Trustee,  Nat.Tr.Tor.        Form  C,  r,  $500  &  $1,000 


Security  : 

26  Coaches 
575  Box  Cars 
12  Caboose  Cars 
10  Baggage  Cars 
6  Sleeping  Cars 
10  Mail  and  Express  Cars 
12  Locomotives 
Equipment  cost  $1,370,388.67.     Outstanding  notes 
represent  9%  of  original  cost. 


20 


RAILWAY    EQUIPMENT   OBLIGATIONS 


Canadian  Northern  Ry.  Co. 

Imperial  Rolling  Stock  Co.,  Ltd. 
First  Mortgage  Bonds  Series  "L"  4^% 


Dated  June  1,  1906  Due  $250,000 

June  1,  1915, 
$200,000  June  1.  1916 

Issued  $2,200,000  Outstanding     $450,000 

tint.  pay.  June  and  Dec.  1  at  Can.  Bk.  of  Com., 
N.  Y.,  Lon.  and  Tor. 

Trustee.  Nat.Tr.Tor.        Form  C,  r.  $500  &  $1,000 


Security: 

1,000  Box  Cars 
300  Flat  Cars 
50  Stock  Cars 
50  Refrigerator  Cars 
34  Passenger  Cars 
8  Baggage  and  Mail  Cars 
4  Palace  Cars 
12  Caboose   Cars 
3  Sleeping  Cars 
2  Dining  Cars 
46  Locomotives 
1  Snow  Plow 
Equipment    cost    $3,051,443.      Outstanding    notes 
represent   13%   of  original   cost. 


Canadian  Northern  Ry.  Co. 

Imperial  Rolling  Stock  Co.,  Ltd. 
First  Mortgage  Bonds  Series  "M"  4>^% 

Dated  Nov.  1,  1906  Due  $57,000  A. 

to  Nov.   1,  1915, 
$58,000  Nov.  1,  1916 

Issued  $500,000  Outstanding     $115,000 

tint.  pay.  May  and  Nov.  1  at  Can.  Bk.  of  Com., 
N.  Y.,  Lon.  and  Tor. 

Trustee,  Nat.Tr.Tor.        Form  C,  r,  $500  &  $1,000 


Security  : 

550  Box  Cars 
6  Coaches 

5  Mail  and  Express  Cars 
Equipment    cost    $696,182.80.      Outstanding    notes 
represent  16%  of  original  cost. 


Canadian  Northern  Ry.  Co. 

Imperial  Rolling  Stock  Co.,  Ltd. 
First  Mortgage  Bonds  Series  "N"  43^% 


Dated  June  1,  1907  Due  $50,000  A. 

to  June   1.   1917 
Issued  $500,000  Outstanding     $150,000 

tint.  pay.  June  and  Dec.  1  at  Can.  Bk.  of  Com., 

N.  Y.,  Lon.  and  Tor. 
Trustee,  Nat.Tr.Tor.    Form  C,  r.  $12,500  &  $1,000 


Security: 

60  Flat  Cars 
8  Passenger  Cars 

3  Sleeping  Cars 

6  Mail   and   Express   Cars 
175  Stock  Cars 
50  Ore  Cars 
2  Parlor  Cars 

4  Locomotives 

Equipment    cost    $710,893.36.      Outstanding   notes 
represent  21%   of  original  cost. 


21 


RAILWAY   EQUIPMENT  OBLIGATIONS 


Canadian  Northern  Ry.  Co. 

Imperial  Rolling  Stock  Co.,  Ltd. 
First  Mortgage  Bonds  Series  "O"  4^% 

Security  : 

750  Box  Cars 
170  Dump  Cars 
140  Flat    Cars 

Dated  June  1,  1907              Due  $150,000  A. 

to  June   1,   1917 
Issued  $1,500,000                   Outstanding     $450,000 
tint.  pay.  June  and  Dec.  1  at  Can.  Bk.  of  Com., 

N.  Y.,  Lon.  and  Tor. 
Trustee,  Nat.Tr.Tor.        Form  C,  r,  $500  &  $1,000 

25  Caboose  Cars 
4  Snow  Plows 
19  Day  Coaches 
2  Mail  and  Express  Cars 
6  Baggage  Cars 
2  Dining  Cars 
21  Locomotives 
Equipment    cost    $2,136,264.      Outstanding    notes 
represent  21%  of  original  cost. 

Canadian  Northern  Ry.  Co. 

Imperial  Rolling  Stock  Co.,  Ltd. 
First  Mortgage  Bonds  Series  "P"  4>^% 

Security  : 

750  Box  Cars 
25  Stock  Cars 
30  Dump  Cars 

Dated  Aug.  1,  1907              Due  $100,000  S.A. 

to  Aug.  1,  1917 

Issued  $2,000,000                    Outstanding     $600,000 
tint.  pay.  Feb.  and  Aug.  1  at  Can.  Bk.  of  Com., 

N.  Y.,  Lon.  and  Tor. 

Trustee,  Nat.Tr.Tor.        Form  C,  r,  $500  &  $1,000 

20  Refrigerator   Cars 

2  Mail  and  Express  Cars 

3  Baggage  Cars 
5  Day  Coaches 
5  Snow  Plows 

1  Cafe  Car 
69  Locomotives 
Equipment    cost    $2,844,101.      Outstanding    notes 
represent  21%  of  original  cost. 

Canadian  Northern  Ry.  Co. 

Imperial  Rolling  Stock  Co.,  Ltd. 
First  Mortgage  Bonds  Series  "R"  4>4% 

Security: 

500  Box  Cars 
200  Convertible  Cars 
SO  Ore  Cars 

Dated  Alarch  1,  1908           Due  $170,000  A. 

to  Mar.   1,   1918 
Issued  $1,700,000                    Outstanding     $680,000 
tint.  pay.  Mar.  and  Sept.  1  at  Can.  Bk.  of  Com., 

N.  Y.,  Lon.  and  Tor. 
Trustee,  Nat.Tr.Tor.        Form  C,  r,  $500  &  $1,000 

194  Flat  Cars 
4  Caboose  Cars 
1  Baggage   Car 
24  Day  Coaches 
39  Locomotives 
Equipment    cost    $2,451,224.      Outstanding    notes 
represent  27%  of  original  cost. 

22 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Canadian  Northern  Ry.  Co. 

Imperial  Rolling  Stock  Co.,  Ltd. 
First  Alortgage  Bonds  Series  "S"  4>^% 


Dated  March  1,  1909  Due  $100,000  A. 

to  Mar.  1,   1919 
Issued  $1,000,000  Outstanding     $500,000 

tint.  pay.  Mar.  and  Sept.  1  at  Can.  Bk.  of  Com,, 

N.  Y.,  Lon.  and  Tor. 
Trustee,  Nat.Tr.Tor.        Form  C,  r,  $500  &  $1,000 


Security  : 

3  Sleeping  Cars 
2  Snow   Plows 

10  Refrigerator  Cars 
32  Caboose  Cars 
750  Box  Cars 
5  Baggage  and  Mail  Cars 

4  First  Class  Coaches 
15  Locomotives 

Equipment    cost    $1,403,027.      Outstanding    notes 
represent  35%  of  original  cost. 


Canadian  Northern  Ry.  Co. 

Imperial  Rolling  Stock  Co.,  Ltd. 

First  Mortgage  Bonds  Series  "T"  4^^% 


Dated  March  1,  1909  Due  $150,000  A. 

to  Sept.  1,  1919 
Issued  $1,500,000  Outstanding     $750,000 

tint.  pay.  Mar.  and  Sept.  1  at  Can.  Bk.  of  Com., 

N.  Y.,  Lon.  and  Tor. 
Trustee,  Nat.Tr.Tor.        Form  C,  r,  $500  &  $1,000 


Security: 

125  Flat  Cars 
1,200  Box  Cars 
125  Stock  Cars 
8  Passenger  Cars 
1  Baggage  and  Mail  Car 
4  Combination  Cars 
6  Baggage  Cars 
15  Caboose  Cars 
15  Locomotives 
Equipment    cost  $2,108,743.      Outstanding    notes 
represent  35%  of  original  cost. 


Canadian  Northern  Ry.  Co. 

Imperial  Rolling  Stock  Co.,  Ltd. 
First  Mortgage  Bonds  Series  "U"  43/^% 


Dated  Nov.  1,  1909 


Due  $50,000  A. 
to  Nov.  1,   1919 
Issued  $500,000  Outstanding     $250,000 

tint.  pay.  May  and  Nov.  1  at  Can.  Bk.  of  Com., 

N.  Y.,  Lon.  and  Tor. 
Trustee,  Nat.Tr.Tor.        Form  C,  r,  $500  &  $1,000 


Security: 

3  Sleeping  Cars 
2  Parlor  Cars 
15  Caboose  Cars 
350  Flat  Cars 
27  Refrigerator  Cars 
100  Box  Cars 
2  Cafe  Cars 
5  Snow  Plows 
Equipment     cost     $692,932.       Outstanding    notes 
represent  36%  of  original  cost. 


23 


RAILWAY   EQUIPMENT  OBLIGATIONS 


Canadian  Northern  Ry.  Co.,  Ltd. 
Imperial  Rolling  Stock  Co.,  Ltd. 

First  Mortgage  Bonds  Series  "V"  4^% 


Dated  May  1,  1910  Due  $300,000  A. 

to  Nov.  1,  1920 
Issued  $3,000,000  Outstanding  $1,800,000 

tint.  pay.  May  and  Nov.  1  at  Can.  Bk.  of  Com., 

N.  Y.,  Lon.  and  Tor. 
Trustee,  Nat.Tr.Tor.        Form  C,  r,  $500  &  $1,000 


Security: 

2,100  Box  Cars 
50  Caboose  Cars 
50  Auto  Box   Cars 
100  Steel  Ore  Cars 
100  Logging  Cars 
50  Stock  Cars 
500  Flat  Cars 
250  Convertible  Cars 
18  Passenger  Cars 

6  Passenger  and  Baggage  Cars 

7  Baggage  and  Mail  Cars 

3  Dining  Cars 

4  Parlor  Cars 

5  Baggage  Cars 
50  Refrigerators 

3  Locomotives 
Equipment    cost    $4,203,598.      Outstanding    notes 
represent  42%  of  original  cost. 


Canadian  Northern  Ry.  Co. 
Equipment  Notes  Series  "I" 


4J^% 


Dated  Aug.  1,  1910 


Due  $29,000  S.A. 
to  Feb.   1,   1915, 
$33,000  Aug.  1,  1915 
Issued  $294,000  Outstanding       $62,000 

*Int.  pay.  Feb.  and  Aug.  1  at  G. 

Trustee,  G.  Form  C,  r. 


Security  : 

10  Passenger  Locomotives 
12  Switching  Locomotives 

Equipment    cost     $367,600.       Outstanding 
represent  16%  of  original  cost. 


notes 


24 


RAILWAY   EQUIPMENT  OBLIGATIONS 


Canadian  Northern  Ry.  Co. 

Imperial  Rolling  Stock  Co.,  Ltd. 
First   Mortgage   Bonds  Series 

"Al" 43^% 


Dated  Feb.  1,  1911  Due  $184,000  S.A. 

to   Aug.   1,   1920, 
$188,000  Feb.  1,  1921 

Issued  $3,500,000  Outstanding  $2,396,000 

tint.  pay.  Feb.  and  Aug.  1  at  Can.  Bk.  of  Com., 

N.Y.,  Lon.  and  Tor. 
Trustee,  Nat.Tr.Tor.        Form  C,  r,  $500  &  $1,000 


Security: 

4  Snow    Plows 
10  Baggage  Cars 
20  Ore  Cars 
1,600  Box  Cars 
4  Dining  Cars 
300  Flat  Cars 
250  Convertible  Cars 
200  Stock  Cars 
100  Refrigerator  Cars 
38  Passenger  Cars 
6  Passenger  and  Baggage  Cars 
2  Mail   and   Baggage   Cars 
10  Sleeping  Cars 
15  Caboose  Cars 
42  Locomotives 
Equipment    cost    $4,996,870.      Outstanding    bonds 
represent  47%  of  original  cost. 


Canadian  Northern  Ry.  Co, 

Imperial  Rolling  Stock  Co.,  Ltd. 
First    Mortgage    Bonds    Series 
"Bl" 45^% 


Dated  Sept.  1,  1911 


Due  altcrnatelj' 
$74,500  each   March 
75,500  each  Sept. 
to  Sept.  1,  1921 
Outstanding     $974,500 
tint.  pay.  Mar.  and  Sept.  1  at  Can.  Bk.  of  Com., 
Trustee,  Phila.T.S.D.&I.    Form  C,  r,  $500  &  $1,000 


Issued  $1,500,000 


Security  : 

6  Snow  Plows 
1,332  Box  Cars 
190  Flat  Cars 
31  Caboose  Cars 
11  First  Class  Coaches 
15  Second  Gass  Coaches 
6  Passenger  and   Baggage  Cars 
2  Cafe  Parlor  Cars 
Equipment    cost    $2,094,447.      Outstanding    notes 
represent  467o  of  original  cost. 


25 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Canadian  Northern  Ry.  Co. 
Equipment  Trust  Series  "CI     .     4^% 


Dated  April  1,  1912 


Issued  $2,000,000 

*Int.  pay.  Apr.  and  Oct. 


Due  $100,000  S.A. 

to  April  1,  1917, 

$110,000  S.A. 

to  April  1,  1922 
Outstanding  $1,600,000 
1  at  Phil.  T.  S.  D.  &  I. 


Trustee,  Phil.T.S.D.&I.  Form  C,  r. 


Security  : 

28  Locomotives 
1,084  Box   Cars 
650  Flat  Cars 
300  Ballast  Cars 
20  Caboose  Cars 
1  Snow  Plow 
Equipment    cost    $2,700,000.      Outstanding    notes 
represent  59%  of  original  cost. 


Canadian  Northern  Ry.  Co. 

Imperial  Rolling  Stock  Co.,  Ltd. 
First    Mortgage    Bonds    Series 
"Dl" 4>^% 


Dated  April  1,  1912  Due  $150,000  S.A. 

to  April  1,  1917; 
thereafter  $165,000 
to  April  1,  1922 

Issued  $3,000,000  Outstanding  $2,400,000 

tint.  pay.  Apr.  and  Oct.  1  at  Can.  Bk.  of  Com., 
N.  Y.,  Lon.  and  Tor. 

Trustee,  Nat.Tr.Tor.        Form  C,  r,  $500  &  $1,000 


Security: 

1,866  Box  Cars 
250  Flat  Cars 
100  Ballast  Cars 
21  Baggage  Cars 
50  Caboose  Cars 

4  Dining  Cars 

29  First  Class   Coaches 

5  Second  Class  Coaches 
3  Combination  Cars 

2  Passenger  and  Mail  Cars 
12  Baggage  and  Mail  Cars 
41  Locomotives 
Equipment  cost  about  $4,000,000. 


Canadian  Northern  Ry.  Co. 

Imperial  Rolling  Stock  Co.,  Ltd. 
First    Mortgage    Bonds    Series 
"El"        4>^% 


Dated  Sept.  1,  1912  Due  $105,000  S.A. 

to  Sept.   1,   1922 
Issued  $2,000,000  Outstanding  $1,680,000 

tint.  pay.  Mar.  and  Sept.  1  at  Can.  Bk.  of  Com., 

N.  Y.,  Lon.  and  Tor. 
Trustee,  Nat.Tr.Tor.        Form  C,  r,  $500  &  $1,000 


Security: 

10  Tank  Cars 
1,025  Box  Cars 

70  Automobile  Cars 
75  Caboose   Cars 

5  First  Class  Coaches 
25  Second  Class  Coaches 

6  Sleeping  Cars 
2  Parlor  Cars 

37  Locomotives 
Equipment    cost    about    $2,797,370.      Outstanding 
notes  represent  60%  of  original  cost. 


26 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Canadian  Northern  Ry.  Co. 

Equipment   Trust   Series 


'Fl"     4y2% 


Dated  March  1,   1913 


Issued  $4,000,000 
*Int.  pay.  Mar.  and  Sept. 
Trustee,  Gir.,  Phila. 


Due  $210,000  S.A. 
to  Sept.  1,  1922, 
$220,000  Mar.  1,  1923 

Outstanding  $3,580,000 

1  at  Gir.,  Phila, 
Form  C,  r. 


Security: 

700  Flat  Cars 
1,780  Box  Cars 
300  Hart  Convertible  Cars 
71  Stock  Cars 
25  Passenger  Cars 
90  Locomotives 
2  Snow  Plows 
Equipment    cost    $5,333,600.      Outstanding    notes 
represent  67%  of  original  cost. 


Canadian  Northern  Ry.  Co. 

Equipment   Trust   Series   "Gl"     4i^fo 


Dated  March  1,  1913 


Issued  $1,000,000 
*Int.  pay.  Mar.  and  Sept. 
Trustee,  Gir.,  Phila 


Due  $50,000  S.A. 
to  Mar.  1,  1918; 
$55,000    thereafter 
S.A.  to  Mar.  1,  1923 
Outstanding     $900,000 
1  at  Gir.,  Phila. 
Form  C,  r. 


Security  : 

32  Locomotives 
343  Box  Cars 
20  Passenger  Cars 
79  Stock  Cars 
Equipment    cost    $1,339,932.      Outstanding    notes 
represent  67%   of  original  cost 


Canadian  Northern  Ry.  Co. 

Equipment  Trust  Series  "HI"     .     5% 


Dated  Dec.  1,  1913 


Issued  $750,000 
tint.  pay.  June  and  Dec. 
Trustee,  Gir.,  Phila 


Due  $40,000  S.A. 
Dec.  1,  1914 
to  June  1,  1923; 
$30,000  Dec.   1,  1923 

Outstanding     $750,000 

1   at  Gir.,   Phila. 
Form  C,  r. 


Security: 

300  Box  Cars 
75  Ore  Cars 
25  Refrigerator  Cars 
50  Caboose  Cars 
6  Sleeping  Cars 
10  Coaches 

8  Switching  Locomotives 
Elquipment  cost  25%  in  excess  of  issue. 


27 


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Vi.  s 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Central  of  Georgia  Ry.  Co. 
Central  of  Georgia  Equipment 
Ass'n  Shares  Series  "K" 


Dated  March  1,  1907  Due  $38,000  S.A. 

to  March  1,  1917 
Issued  $760,000  Outstanding     $190,000 

*Int.  pay.  Mar.  and  Sept,   1   at  Kountze  Bros., 
N.  Y. 
Trustee,  Gir.,  Phila.  'Form  C,  r. 


Security: 

500  Box  Cars 
25  Freight  Locomotives 
Equipment  cost   10%   in   excess  of  entire  issue. 
Guaranteed  principal  and  interest  by  endorse- 
ment   by   the    Central    of    Georgia    Railway 
Company. 


Central  Vermont  Ry.  Co. 

Car  Trust  Series  "A"     . 


4>^% 


Dated  March  1,  1905 


Issued  $620,000 


Due  $16,000  each 
Mar.   and   Sept.   1, 
$15,000  each  June 
and  Dec.  1  to 
March   1,   1915 

Outstanding       $31,000 


Int.  pay.  Quar.  Mar.  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  .  Form  C. 


Security  : 

1,000  Box  Cars 

2  Cafe  Parlor  Cars 
2  Smoking  Cars 
2  Baggage  Cars 
4  Coaches 


Central  Vermont  Ry.  Co. 
Locomotive  Trust  Series  "B" 


43^% 


Dated  Aug.  1,  1906 


Due  $20,000  A. 
to  Aug.   1,   1916 
Issued  $200,000  Outstanding       $40,000 

Int.  pay.  Quar.  Feb.  1  at  Royal  Trust  Co.,  Mont. 
Trustee,  .  Form  C 


Security: 

4  Passenger  Cars 
10  Freight  Locomotives 
Equipment    cost    $218,000.        Outstanding    notes 
represent  18%  of  original  cost. 


30 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Central  Vermont  Ry.  Co. 

Equipment  Trust  Series  "C"     .     4cy2% 


Dated  April  1,  1907  EKie  $13,000  each  Apr. 

1 ;  $14,000  each  Oct. 
1  to  April  1,  1917 
Issued  $270,000  Outstanding       $67,000 

Int.  pay.  Apr.  and  Oct.  1  at  Nat.  T.,  Tor. 
Trustee,  Nat.  T.,  Tor.  Form  C. 


Security: 

500  Flat  Cars. 
Equipment  cost  about  $295,000. 


Central  Vermont  Ry.  Co. 

Equipment   Trust  Series   "D" 


Dated  Feb.  1,  1912  Due  $49,000  S.A. 

to  Feb.  1,  1922 
Issued  $980,000  Outstanding     $735,000 

♦Int.  pay.  Feb.  and  Aug.  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  B.  Form  C. 


Security  : 

1,000  Steel  Underframe  Box  Cars 
200  Steel  Hopper  Coal  Cars 
2  Baggage  Cars 
6  Coaches 

2  Parlor  Cars 
1  Dining  Car 

3  Switching  Locomotives 

4  Pacific  Type  Locomotives 
Equipment    cost    $1,094,210.      Outstanding    notes 

represent  67%  of  original  cost. 


Central  Vermont  Transportation  Co. 
Guaranteed  Gold  Bonds  Series  "A"  5% 


Dated  May  15,  1909  Due  $12,000  each  May 

15.  $13,000  each  Nov. 
15  to  May  15,   1921 

Issued  $300,000  Outstanding     $162,000 

*Int.  pay.  May  and  Nov.  15  at  B. 

Trustee,  B.  Form  C. 


Security  : 

2  Steel  Steamships,  "New  York"  and 
"New  London" 
Guaranteed  principal  and  interest  by  the  Central 
Vermont  Railway   Company. 


31 


RAILWAY   EQUIPMENT  OBLIGATIONS 


Central  Vermont  Transportation  Co. 

Guaranteed  Gold  Bonds  Series  "B"  5% 


Dated  May  1,  1912 


Due  $50,000  S.A. 
to  May  1,   1922 
Issued  $1,000,000  Outstanding     $750,000 

*Int.  pay.  May  and  Nov.  1  at  B. 

Trustee,  B.  Form  C. 


Security  : 

2  Steel  Steamships 
Callable  at  102^. 
Equipment  cost  about  $1,331,000. 
Guaranteed  principal  and  interest  by  the  Central 
Vermont  Railway  Company. 


Chesapeake  &  Ohio  Ry.  Co. 

Equipment  Trust  Series  "F"       .     4% 


Dated  Dec.  15,  1904  Due  $35,000 

Dec.  15,  1914 
Issued  $700,000  Outstanding       $35,000 

*Int.  pay.  June  and  Dec.  15  at  Blair  &  Co.,  N.  Y. 
Trustee,  N.Y.T.  Form  C. 


Security  : 

20  Locomotives 
500  Steel  Gondola  Cars 


Chesapeake  &  Ohio  Ry.  Co. 

Equipment   Trust   Series   "G"     .     4% 


Dated  April  1,  1905  Due  $90,000  S.A. 

to  April  1,  1915 
Issued  $1,800,000  Outstanding       $90,000 

*Int.  pay.  Apr.  and  Oct.  1  at  Fid.  T.,  Phila. 
Trustee,  Fid.  T.,  Phila.        Form  C,  r. 


Security  : 

18  Locomotives 
1,500  Steel  Gondola  Cars 


Chesapeake  &  Ohio  Ry.  Co. 

Equipment  Trust  Series  "H"     .     4% 


Dated  April  2,  1906  Due  $80,000  S.A. 

to  April  1,  1916 
Issued  $1,600,000  Outstanding     $240,000 

*Int.  pay.  Apr.  and  Oct.  1  at  Fid.  T.,  Phila. 
Trustee,  Fid.  T.,  Phila.      Form  C,  r. 


Security: 

35  Locomotives 
995  Steel  Gondola  Cars 


32 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Chesapeake  &  Ohio  Ry.  Co. 
Equipment  Trust   Scries  "I" 


4% 


Dated  June  1,  1906 


Due  $50,000  S.A. 
to  June   1,   1916 
Issued  $1,000,000  Outstanding     $250,000 

*Int.  pay.  June  and  Dec.  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  N.Y.T.  Form  C. 


Security: 

1,000  Steel  Gondola  Cars 


Chesapeake  &  Ohio  Ry.  Co. 
Equipment  Trust  Series  "J" 


.     4% 


Dated  Aug.  1,  1906  Due  $95,000  S.A. 

to  Aug.   1,   1916 
Issued  $1,900,000  Outstanding     $380,000 

*Int.  pay.  Feb.  and  Aug.  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  Com.T.N.Y.  Form  C. 


Security  : 

2,000  Composite  Steel  Gondola  Cars 


Chesapeake  &  Ohio  Ry.  Co. 
Equipment  Trust  Series  "K" 


.     4% 


Dated  Oct.  15,  1906 


Due  $80,000  S.A. 
to  Oct.  15,  1916 
Issued  $1,600,000  Outstanding     $320,000 

♦Int.  pay.  Apr.  and  Oct.  15  at  G. 

Trustee,  G.  Form  C.  r. 


Security  : 

1,000  Gondola  Cars 
40  Locomotives 
Equipment    cost    $1,746,100.      Outstanding    notes 

represent  18%  of  original  cost. 


33 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Chesapeake  &  Ohio  Ry.  Co. 
Equipment  Trust  Series  "L' 


4% 


Dated  Jan.  2,  1907 


Due  $112,000  S.A. 
to  Jan.   1,  1917 
Issued  $2,250,000  Outstanding     $560,000 

*Int.  pay.  Jan.  and  July  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  N.Y.T.  Form  C, 


Security: 

2,000  Steel  Gondola  Cars 
Equipment    cost    $2,477,500.      Outstanding    notes 

represent  22%  of  original  cost. 


Chesapeake  &  Ohio  Ry.  Co. 

Equipment  Trust  Series  "M" 


4% 


Dated  Feb.  1,  1907 


Due  $113,000  S.A. 

to  Feb.  1,  1917 
Outstanding     $565,000 
*Int.  pay.  Feb.  and  Aug.  1  at  Blair  &  Co.,  N.  Y. 


Issued  $2,250,000 


Trustee,  N.Y.T. 


Form  C 


Security: 

2,000  Flat  Bottom  Steel  Gondola  Cars 

Equipment  cost  $2,477,500,  of  which  9%  was  paid 
by  the  company.  Outstanding  notes  repre- 
sent 22%  of  original  cost. 


Chesapeake  &  Ohio  Ry.  Co. 

Monongahela  River  Cons.  Coal 
&  Coke  Co.  Equipment  Notes 
(Car  Trust  of  1905)        .      . 


4K% 


Dated  Jan.  2,  1905 

Issued  $445,000 
*Int.  pay.  May  and  Nov. 
Trustee, . 


Due  $22,000  S.A. 
to  May   1,   1915 
Outstanding       $22,000 
1  at  U.S.M.&T. 
Form  C. 


Security: 

600  Twin  Hopper  Steel  Cars 

Originally  issued  by  M.  R.  C.  C.  &  C.  Co.  Guar- 
anteed principal  and  interest  by  Pittsburgh 
Steel  Co.  Assumed  by  C.  &  O.  Ry.  Co.  under 
agreement  of  purchase  of  equipment  dated 
February  9,   1910. 


34 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Chesapeake  Steamship  Co. 

Equipment  First  Mortgage  Bonds     5% 


Dated  May  1,  1910  Due  $30,000  S.A. 

to   May    1,    1920 
Issued  $600,000  Outstanding     $330,000 

Int.  pay.  May  and  Nov.  1  at  Mer.  T.  &  D. 
Trustee,  Mer.T.&D.,  Bait.      Form  C. 


Security: 

2  Steamships 

Cost  $750,000.  of  which  20%  was  paid  by  the  com- 
pany. Outstanding  bonds  represent  30%  of 
original  cost. 


Chesapeake  Steamship  Co. 

Equipment  First  Mortgage  Bonds     5% 


Dated  Oct.  1,  1912 


Due  $30,000  S.A. 
to  April  1,  1924 
Issued  $630,000  Outstanding     $570,000 

Int.  pay.  Apr.  and  Oct.  1  at  Bait. 

Trustee,  Mer.T.&D.,  Bait.      Form  C. 


Security: 

2  Steamships 

Cost  $785,400,  of  which  197o  was  paid  by  the  com- 
pany. Also  by  equity  in  the  two  steamships 
subject  to  the  above  bonds  dated  May  1,  1910. 
Outstanding  bonds  represent  72%  of  original 
cost. 


Chicago   &   Alton   R.R.   Co. 
The   Chicago   &   Alton    Equip- 
ment Ass'n  Shares,  Series  "C"     4% 


Dated  Nov.  1,  1905 


Due  $98,000  S.A. 
to  Nov.   1,   1915 
Issued  $1,960,000  Outstanding     $196,000 

*Int.  pay.  May  and  Nov.  1  at  B. 

Trustee,  B.  Form  R. 


Security: 

200  Hopper  Cars 
1,000  Box  Cars 
300  Stock  Cars 
200  Refrigerator  Cars 
10  Locomotives 
By   a  supplemental   lease   dated   March   31,    1908, 

5  Pacific   Type   Locomotives 

Cost  of  equipment,  exclusive  of  last  named  item, 

$1,976,637,  of  which  $16,607  was  paid  by  the 

company.     Guaranteed   principal  and  interest 

by  endorsement  by  the  Chicago  &  Alton  R.  R. 


35 


RAILWAY  EQUIPMENT  OBLIGATIONS 


Chicago   &   Alton   R.R.   Co. 

The   Chicago   &   Alton   Equip- 
ment Ass'n  Shares,  Series  "D" 


4% 


Dated  June  1,  1906 


Due  $113,000  S.A. 
to  Nov.   1,   1918 
Issued  $2,260,000  Outstanding     $452,000 

*Int.  pay.  June  and  Dec.  1  at  B. 

Trustee,  B.  Form  R. 


Security  : 

25  Locomotives 
1,300  Box  Cars 
300  Stock  Cars 
300  Flat  Cars 
100  Furniture  Cars 
Cost  $2,274,092,  of  which  $14,092  was  paid  by  the 
company.     Outstanding  notes  represent  about 
19%  of  the  original  cost.     Guaranteed  prin- 
cipal  and   interest  by   the   Chicago   &   Alton 
R.  R. 


f 


Chicago  &   Alton   R.R.   Co. 

Equipment  Bonds  Series  "E" 


4>4% 


Dated  Nov.  1,  1908 


Due  $82,000  S.A. 
to  Nov.   1,   1918 
Issued  $1,640,000  Outstanding     $656,000 

*Int.  pay.  May  and  Nov.  1  at  B. 

Trustee,  B.  Form  C 


Security  : 

2,000  Steel  Gondola  Cars 

Cost  $2,051,916,  of  which  25%  was  paid  in  cash 
by  the  company.  The  outstanding  bonds 
represent  31%  of  the  original  cost. 


Chicago   &  Alton   R.R.   Co. 

Equipment  Bonds  Series  "F"    .     4>^% 


Dated  Feb.  1,  1909  Due  $12,000  each 

Feb.  1,  $13,000  each 
Aug.   1  to  Feb.  1, 
1919 

Issued  $250,000  Outstanding     $112,000 

*Int.  pay.  Feb.  and  Aug.  1  at  B. 

Trustee,  B.  Form  C. 


Security: 

20  Locomotives 
Equipment  cost  $313,543,  of  which  20%  was  paid 

by  the  company.    Outstanding  notes  represent 

35%  of  the  original  cost. 
Redeemable  at  101. 


36 


1 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Chicago   &   Alton  R.R.   Co. 

Car   Trust   Series   "G" 


5% 


Dated  Oct.  1,  1910 


Issued  $722,000 


Due  $72,000  A. 
to  Oct.   1,   1918, 
$73,000  Oct.  1   1919 
and  1920 

Outstanding     $434,000 


!  *Int.  pay.  Apr.  and  Oct  1  at  Pa.  I.  L.  &  G.  A. 
Trustee,  Pa.I.L.&G.A.        Form  C,  r. 


Security: 

10  Mogul   Switching  Locomotives 
10  Pacific  Passenger  Locomotives 
20  Mikado  Freight  Locomotives 
Equipment  cost  $849,500,  of  which  15%  was  paid 
by    the   company.     Outstanding  notes   repre- 
sent 51%   of   the  original  cost.     Guaranteed 
principal  and  interest  by  endorsement  by  the 
Chicago  &  Alton  R.  R. 
Redeemable  at  101. 


Chicago  &  Eastern  IlHnois  R.R.  Co. 
Equipment  Bonds  Series  "C"     .     4}^% 


Dated  Jan.  1,  1905  Due  $53,000  S.A. 

to  Jan.  1,  1915 
Issued  $1,060,000  Outstanding       $53,000 

*Int.  pay.  Jan.  and  July  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  B.  Form  C 


Security: 

800  Steel  Underframe  Coal  Cars 
500  Box  Cars 
200  Dump  Cars 
Equipment    cost    $1,192,622,    of    which    11%    was 
paid    by    the    company.      Outstanding    bonds 
represent  4%  of  original  cost. 


Chicago  &  Eastern  IlHnois  R.R.  Co. 
Equipment  Bonds  Series  "D"    .     4^/2% 


Dated  Jan.  3,  1905  Due  $15,000  S.A. 

to  Jan.    1,    1915 
Issued  $300,000  Outstanding       $15,000 

*Int.  pay.  Jan.  and  July  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  B.  Form  C 


Security: 

500  Box  Cars 

Equipment  cost  $337,000,  of  which  11%  was  paid 
by  the  company.  Outstanding  bonds  repre- 
sent 4%  of  original  cost. 


Chicago  &  Eastern  Illinois  R.R.  Co. 

Equipment  Bonds  Series  "E"    .     4^^% 


Dated  Aug.  1,  1905  Due  $125,000  S.A. 

to  Aug.   1,   1915 
Issued  $2,500,000  Outstanding     $250,000 

*Int.  pay.  Feb.  and  Aug.  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  B.  Form  C. 


Security  : 

30  Locomotives 
2,500  Freight  Cars 
25  Caboose  Cars 
3  Postal  Cars 
Equipment  cost  $2,864,601.20,  of  which  12%  was 
paid    by    the    company.      Outstanding    bonds 
represent  8%  of  original  cost. 


37 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Chicago  &  Eastern  Illinois  R.R.  Co. 
Equipment  Bonds  Series  "F"    .     4^% 


Dated  Feb.  1,  1906  Due  $220,000  S.A. 

to  Feb.  1,  1916 
Issued  $4,400,000  Outstanding     $660,000 

*Int.  pay.  Feb.  and  Aug.  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  B.  Form  C. 


Security  : 

89  Locomotives 
3,250  Freight  Cars 
25  Caboose  Cars 
3  Dining  Cars 
Equipment  cost  $5,010,000,  of  which  12%  was  paid 
by  the  company.     Ovitstanding  bonds   repre- 
sent 13%  of  original  cost. 


Chicago  &  Eastern  Illinois  R.R.  Co. 

Am.  Car  &  Foundry  Equipment 

Notes,  Series  "G"     ....     5% 


Dated  Oct.  1,  1907 

Issued  $2,480,000 
*Int.  pay.  Apr.  and  Oct. 
Trustee,  B. 


Due  $124,000  S.A. 

to  Oct.  1,  1917 
Outstanding     $744,000 
1  at  B. 

Form  C. 


Security: 

2,000  Dump  Gondola  Cars 

Equipment  cost  $2,737,912,  of  which  9%  was  paid 
by  the  company.  Outstanding  notes  repre- 
sent 27%  of  original  cost. 


Chicago  &  Eastern  Illinois  R.R.  Co. 
Equipment  Trust  Series  "H"     . 


Dated  Sept.  3,  1912 


Issued  $3,310,000 
*Int.  pay.  Mar.  and  Sept 
and  B. 
Trustee,  Com.T.,  Phila, 


Due  $166,000  each 
Mar.,  $165,000  each 
Sept.  to  Sept.  1,  1922 
Outstanding  $2,647,000 
.   1   at  Com.  T.,   Phila., 


Form  C,  r. 


Security  : 

3,000  Steel  Service  Cars 

20  Steel  Underframe  Caboose  Cars 
25  Mikado  Type  Locomotives 
Equipment  cost  $3,686,220,  of  which  10%  was  paid 
by  the  company.     Redeemable  at   101. 


38 


I 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Chicago  &  Eastern  Illinois  R.R.  Co. 
E.  &  T.  H.  Equipment  Series  "B"  4><% 


Dated  Feb.  1,  1905  Due  $20,000  S.A. 

to  Feb.  1,  1915 
Issued  $400,000  Outstanding       $20,000 

*Int.  pay.  Feb.  and  Aug.  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  B.  Form  C. 


Security: 

500  Coal  Cars 


Chicago  &  Eastern  Illinois  R.R.  Co. 
E.  &  T.  H.  Equipment  Bonds 
Series  "C" 4>4% 


Dated    Feb.  1,  1906  Due  $60,000  S.A. 

to  Feb.  1,  1916 
Issued  $1,200,000  Outstanding     $180,000 

*Int  pay.  Feb.  and  Aug.  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  B.  Form  C. 


Security  : 

1,500  Wooden   Coal   Cars 
6  Freight  Locomotives 
2  Switching  Locomotives 
Equipment  cost  $1,385,000,  of  which  13%  was  paid 
by  the  company.    Outstanding  notes  represent 
13%  of  original  cost. 


Chicago  &  Northwestern  Ry.  Co. 
Equipment  Trust  Ctfs.  of  1912 

Series  "A" 4>^% 


Dated  July  1,  1912  Due  $300,000  A. 

to  July  1,  1922 
Issued  $2,700,000  Outstanding  $2,400,000 

tint.  pay.  Jan.  and  July  1  at  F. 

Trustee,  F.  Form  C,  r,  R. 


Security: 

75  Locomotives 
3  Observation  Buffet  Cars 
6  Steel    Dining   Cars 
6  Parlor  Cars 
30  Steel   Coaches 
10  Steel  Smokers 
483  Refrigerator  Cars 
500  Flat  Cars 
146  .-Vutomobile  Cars 
111  Bo.x  Cars 


39 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Chicago  &  Northwestern  Ry.  Co. 
Equipment  Trust  Ctfs.  of  1912 
Series  "B" 


4/2^ 


ci. 


Dated  Oct.  1,  1912 

Issued  $3,000,000 
tint.  pay.  Apr.  and  Oct. 
Trustee,  F. 


Due  $300,000  A. 

to   Oct.   1,    1922 
Outstanding  $2,400,000 
1  at  F. 

Form  C,  r,  R. 


Security  : 

454  Automobile  Cars 
517  Refrigerator  Cars 
2,699  Box  Cars 


Chicago  &  Northwestern  Ry.  Co. 
Equipment  Trust  Ctfs.  of  1912 
Series  "C" 


4>4% 


Dated 


Issued  $4,000,000 
tint.  pay.  Jan,  and  July  1  at  F 
Trustee,  F. 


Due  $400,000  A. 
to  July  1,  1923 
Outstanding  $3,600,000 


Form  C,  r,  R. 


Security  : 

4  Locomotives 

2.000  Gondola  Cars 

2,005  Box  Cars 
Equipment  under  A,  B  and  C  cost  not  less  than 

amount  of  certificates. 


Chicago,   Indianapolis   &   Louisville   Ry. 
Co. 

Equipment  Bonds  Series  "A"    .     4>^% 


Dated  March  15,  1911  Due  $21,000  S.A. 

to  Sept.  15,  1918, 
$22,000  S.A. 
to  March  15,  1921 

Issued  $425,000  Outstanding     $278,000 

Int.  pay.  Mar.  and  Sept.  15  at  E. 

Trustee,  E.  Form  C. 


Security  : 

10  Locomotives 
100  Automobile   Cars 
200  Flat  Cars 

2  Passenger  and  Baggage  Cars 

3  Passenger  Cars 
1  Dining  Car 

37  Steel  Undcrframe  Flat  Cars 
Equipment     cost    $500,555.       Outstanding    bonds 
represent  55%  of  original  cost. 


40 


RAILWAY  EQUIPMENT  OBLIGATIONS 


Chicago,   Indianapolis   &    Louisville    Ry. 
Co. 
Equipment    Bonds    Series   "B"     4^^% 


Dated  Oct.  16,  1911  Due  $37,000  each 

Apr.  15,  $38,000  each 
Oct.   15  to  Oct.  15, 
1921 

Issued  $750,000  Outstanding     $525,000 

♦Int.  pay.  Apr.  and  Oct.  15  at  B. 

Trustee,  B.  Form  C. 


Security: 

9  Mikado  Type  Locomotives 
1,000  Steel  Gondola  Cars 
Equipment    cost    $1,065,300.     Outstanding    notes 

represent  49%  of  original  cost. 


Chicago,    Indianapolis   &    Louisville    Ry. 
Co. 
Equipment  Bonds  Series  "C"    .     4]^% 


>ated  Aug.  1,  1913  Due  $50,000  S.A. 

to  Aug.   1,   1923 
ssued  $1,000,000  Outstanding     $900,000 

lit.  pay.  Feb.  and  Aug.  1  at  B. 

Trustee,  B.  Form  C. 


Security: 

1,000  Steel  Gondola  Cars 
250  Steel  Underframe  Flat  Cars 
Equipment  cost  $1,262,750.      Present  outstanding 

bonds  represent  71%  of  original  cost. 


Chicago,  Rock  Island  &  Pacific  Ry.  Co. 
Equipment  Notes       ....     ^Y/fo 


Dated  Feb.  1,  1907  Due  $325,000  S.A. 

to  Feb.  1,   1917 
ssued  $6,500,000  Outstanding     $975,000 

Int.  pay.  Feb.  and  Aug.  1  at  F.  N.,  N.  Y. 
Trustee,  B.  Form  C. 


Security: 

50  Locomotives 
65  Passenger  Cars 
5,000  Freight  Cars 
Equipment  cost  $7,892,369.90,  of  which   \1%  was 
paid    by    the    company.      Outstanding    notes 
represent  12%  of  original  cost. 


41 


00 


RAILWAY   EQUIPMENT   OBLIGATIONS 


[Chicago.  Rock  Island  &  Pacific  Ry.  Co 

Equipment  Notes  Series 'G*     .     4" 


[>at<^d  Tu!r  1.  1912 


Due  $iro.ca)  S-.\. 

to  July  1.  1927 


i  July  1 


c«.  B. 


Form  C 


■'  ^  '.ric  Motor  C*r$ 

:<rr  Cars 
..  .,..,.     ...  .  V  .n 
Cars 
4  S{e«l  Horse  Express  Cars 
.\^»  Frei^t  - 


3hica^o.  Rock  Island  &  Pacific  Ry.  Co. 
h  .:-.:   Notes  Series  "H"     . 


Datcti  Tulr  I.  19U 


l>uc  $441aXV  S  a. 
to   'v'v   !     '/\V 


i  $4.4:0  vXXl  O 

^int    pay.  }*il  utd  July  I  at  B. 

Trustee.  B.  Form  C.  R. 


bKCfRmr ; 


ves 


tr5 


Type  Lc  .5 

C    &OA    C.4X5 


IS  Steel  Chair  Cars 


•  l^ars 


10  S 


ce  Can 
Can 


cost. 


C5 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Chicago,  Rock  Island  &  Pacific  Ry.  Co. 

Rock  Island  Improvement  Co. 

Equipment  Bonds  "A"     .      .     43^% 


Dated  Jan.  3,  1905  Due  $225,000  S.A. 

to  Jan.  1,  1915 
Issued  $4,500,000  Outstanding     $225,000 

*Int.  pay.  Jan.  and  July  1  at  B. 

Trustee,  B.  Form  C. 


Security: 

50  Locomotives 
1,000  Box  Cars 
475  Coal  Cars 
500  Furniture  Cars 
250  Dump  Cars 
2  Postal  Cars 
7  Baggage  Cars 
10  Chair  Cars 
10  Passenger  Cars 
1,500  Refrigerator  Cars 
250  Ballast  Cars 
Equipment  cost  $4,502,891.55.     Outstanding  notes 
represent   5%    of   original   cost.     Guaranteed 
principal  and  interest  by  endorsement  by  the 
Chicago,  Rock  Island  &  Pacific  Railway  Co. 


Chicago,  Rock  Island  &  Pacific  Ry.  Co. 
Rock  Island  Improvement  Co. 

Equipment  Bonds  "B"     .      .     4>4% 


Dated  Nov.  1,  1905 


Due  $280,000  S.A. 
to  Nov.   1,   1915 
Issued  $5,605,000  Outstanding     $560,000 

*Int.  pay.  May  and  Nov.  1  at  B. 

Trustee,  B.  Form  C. 


Security  : 

75  Locomotives 
2,750  Box  Cars 
750  Stock  Cars 
247  Ballast  Cars 
5  Mail  Cars 
17  Baggage  Cars 

7  Dining  Cars 
57  Passenger  Cars 

3  Double  Plow  Distributing  Cars 
250  Furniture  Cars 

8  Combination  Cars 

Equipment  cost  $5,649,196.17.  Outstanding  notes 
represent  9%  of  original  cost.  Guaranteed 
principal  and  interest  by  endorsement  by 
Chicago,  Rock  Island  &  Pacific  Railwaj'. 


44 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Chicago,    Terre    Haute    &    Southeastern 
Ry.  Co. 
Equipment  Notes 5% 


Dated  April  1,  1913  Due  $40,000  S.A. 

to   April   1,   1922, 
$45,000  Oct.  1,  1922 
and  April  1,  1923 
Issued  $810,000  Outstanding     $690,000 

*Int.  pay.  Apr.  and  Oct.  1  at  F.  T.  &  S. 

Trustee,  F.T.&S.,  Chic.      Form  C,  r. 


Security: 

900  Steel  Hopper  Cars 
13  Caboose  Cars 
Elquipment  cost  $907,245.     Outstanding  notes  rep- 
resent 76%  of  original  cost. 


Cincinnati,  Hamilton  &  Dayton  Ry.  Co. 
R.  W'inthrop  &  Co.  Car  Trust 
Notes 4^% 


Dated  Oct.  1,  1904  Due  $92,000  Oct.  1.  1914 

Issued  $1,840,000  Outstanding       $92,000 

•■Int.  pay.  Apr.  and  Oct.  1  at  R.  Winthrop  &  Co., 

N.  Y. 

Trustee.  .  Form  C 


Security: 

29  Locomotives 
170  Box  Cars 
986  Coal  Cars 
2  Miscellaneous  Cars 
Equipment    cost    $2,408,337.      Outstanding    notes 
represent  3%  of  original  cost. 


Zincinnati,  Hamilton  &  Dayton  Ry.  Co. 
R.  Kleybolte  &  Co.  Equipment 

Notes 4^% 


Dated  April  1,  1905  Due  $54,000  S.A. 

to  April  1,  1916 
ssued  $1,080,000  Outstanding     $216,000 

'Int.  pay.  .-\pr.  and  Oct.  1  at  J.  P.  Morgan  &  Com- 
pany. 
Trustee,  .  Form  C. 


Security: 

30  Freight  Locomotives 

9  Parlor  Cars 
30  Passenger  Cars 

4  Mail  Cars 
11  Baggage  Cars 

3  Cafe  Cars 
150  Coal  Cars 
50  Caboose  Cars 

7  Mail,  Baggage  and  Express  Cars 


45 


RAILWAY  EQUIPMENT  OBLIGATIONS 


Cincinnati,  Hamilton  &Dayton  Ry,  Co 
Equipment  Trust  Series  "A" 


Dated  Feb.  1,  1910  Due  $116,000  S.A. 

to  June   1,   1920 
Issued  $2,320,000  Outstanding  $1,508,000 

*Int.  pay.  June  and  Dec.  1  at  J.  P.  Morgan  &  Co. 
Trustee,  B.  Form  C. 


Security: 

1,500  Steel  Coal  Cars 
500  Steel  Underframe  Box  Cars 
500  Automobile  Cars 

5  Pacific   Type   Locomotives 
20  Consolidated    Locomotives 
Equipment    cost    $2,897,005.      Outstanding    notes 
represent  52%  of  original  cost. 


Cincinnati,  New  Orleans  &  Texas  Pacific 
Ry.  Co, 

Equipment  Trust  Series  "B"     .     4^/^% 


Dated  May  1,  1906 


Due  $97,000  S.A. 
to  Alay  1,  1915 
$96,000  Nov.  1,  1915 
and  May  1,  1916 
Issued  $1,938,000  Outstanding     $289,000 

*Int.  pay.  May  and  Nov.  1  at  E. 

Trustee,  E.  Form  C. 


Security: 

1,500  Gondola   Cars 
1,000  Box  Cars 
250  Coke  Cars 
250  Flat  Cars 
40  Ballast  Cars 
1  Plow 

Equipment    cost    $2,348,915.      Outstanding    notes' 
represent  12%  of  original  cost. 


I 


Cincinnati,  New  Orleans  &  Texas  Pacific 
Ry.  Co. 

Equipment  Trust  Series  "C"     .     4^/2% 


Dated  May  15,  1911 


Due  $50,000  S.A. 
to  May  15,  1921 
Issued  $1,000,000  Outstanding     $650,000 

*Int.  pay.  May  and  Nov.  15  at  B. 

Trustee,  B.  Form  C. 


Security  : 

45  Locomotives 
20  Passenger  Cars 

6  Postal   Cars  j 

100  Coal  Cars  1 

Equipment     cost    $1,254,527.       Outstanding     cer- 
tificates represent  51%  of  original  cost. 


46 


i 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Cleveland.     Cincinnati,     Chicago     &     St. 
Louis  Ry.  Co, 
Equipment  Trust  of  1914       .      .     5% 


Dated  June  1,  1914  Due  1-15  A. 

to  June  1,   1929 
Auth.  $5,600,000 

Issued  $3,870,000  Outstanding  $3,870,000 

tint.  pay.  June  and  Dec.  15  at  G. 

Trustee,  G.  Form,  C,  r. 


Security  : 

2,585  Steel  Underframe  Box  Cars 

2,500  All  Steel  Gondola  Cars 
Equipment  cost  $4,282,853.25. 
Outstanding  certificates  represent  90%  of  original 

cost. 


Colorado  &  Southern  Ry.  Co. 
Equipment  Bonds  Series  "A' 


5% 


Dated  April  1,  1907  Due  $52,000  S.A. 

to  April  1,  1917 
Issued  $1,026,000  Outstanding     $260,000 

*Int.  pay.  Apr.  and  Oct.  1  at  G. 

Trustee,  G.  Form  C,  r. 


Security: 

15  Freight  Locomotives 
2  Passenger  Locomotives 
350  Dumping  Stock  Cars 
350  Ingoldsby  Ore  Cars 
Equipment    cost    $1,258,475.      Outstanding    notes 

represent  20%  of  original  cost. 
Redeemable  at  101. 


Colorado  &  Southern  Ry.  Co. 
Pullman  Equip  Lease  Deferred  Rentals 


Dated  Feb.  11,  1907  Due  $15,112.25  with 

int.  S.A.  to  May  1, 

1915 

ssued  $2,417,906  Outstanding  $15,112,25 

!nt.  pay.  May  and  Nov.  1. 


Security: 

300  Box  Cars 
2  Passenger  and  Mail  Cars 


47 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Colorado  Southern  New  Orleans  & 
Pacific  R.R.  Co. 

Equipment   Notes  Series  "A"     .     uyo 


Dated  Feb.  1,  1907  Due  $80,000  S.A. 

to   Feb.   1,    1917 
Issued  $1,600,000  Outstanding     $400,000 

*Int.  pay.  Feb.  and  Aug.  1  at  B. 

Trustee,  B.  Form  C. 


Security  : 

38  Locomotives 
500  Box  Cars 
250  Flat  Cars 
200  Ballast  Cars 
75  Oil  Tank  Cars 
20  Caboose  Cars 
Equipment    cost    $1,895,136.      Outstanding    notes 
represent  20%  of  original  cost. 


Delaware  &  Hudson  R.R.  Co. 

Equipment  First  Lien  Bonds    .     4^% 


Dated  July  1,  1907 
Issued  $10,000,000 
*Int.   pay.  Jan.   and  July 
N.  Y. 
Trustee,  U.S.M.&T. 


Due  July  1,  1922 
Outstanding  $9,643,000 
1    at   company's   office, 

Form  C,  r,  R. 


Security: 

6,000  Coal  Cars 

2,900  Box  Cars 

1,500  Steel   Underframe   Cars 
Equipment    cost    over    $12,000,000.      Amount    of 

sinking  fund  Dec.  31,  1913,  $3,361,968. 


Denver  &  Rio  Grande  R.R.  Co. 

Equipment  Bonds  Series  "B"     .     5% 


Dated  Sept.  1,  1907 

Issued  $1,500,000 
*Int.  pay.  Mar.  and  Sept, 
Trustee,  T.G.&T. 


Due  $75,000  S.A. 
to  Sept.   1,   1917 
Outstanding     $450,000 
1  at  Blair  &  Co.,  N.  Y. 
Form  C. 


Security  : 

1,000  Steel  Gondola   Cars 
28  Locomotives 
Equipment    cost    $1,788,600.      Outstanding    bonds 

represent  25%  of  original  cost. 


48 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Denver  &  Salt  Lake  R.R.  Co. 

Equipment  Notes     . 


5% 


Dated  March  1,  1913 


Due  $25,000  S.A. 
to  Mar.  1.  1917, 
$24,000  S.A.  to  Mar. 
1.  1923 
ssiied  $488,000  Outstanding     $413,000 

Int.  pay.  Mar.  and  Sept.  1  at  E. 

Trustee,  E.  Form  C,  r. 

Denver,  Northwestern  &  Pacific  R.R.  Co. 
Equipment  Notes 5% 


)ated  Aug.  1,  1910  Due  $17,500  Quar. 

to  Feb.  1,  1916 
ssued  $348,608.80  Outstanding     $107,500 

nt.  pay.  Quar.   Feb.   1   at  Harvey  Fisk  &  Sons. 
Trustee,  .  Form  C,  $5,000. 

Detroit,  Toledo  &  Ironton  R.R.  Co. 
Equipment  Notes 6% 


)ated  April  15,  1914  Due  $25,000  S.A. 

to  Oct  15,  1915 
$50,000  S.  A. 
to  Oct.  15,  1917 

ssued  $250,000  Outstanding     $250,000 

Int.  pay.  Apr.  and   Oct.   15. 

Trustee,  N.  Y.  T.  Form  C,  $5,000 


Security  : 

300  Steel  Gondola  Cars 
100  Steel  Frame  Box  Cars 
25  Stock  Cars 
6  Refrigerator   Cars 
3  Steel  Passenger  Cars 

1  Steel  Combination  Car 
15  Miscellaneous  Cars 

2  Locomotives 

Equipment   cost   $650,281.75.     Outstanding   notes 
represent  62%  of  original  cost. 


Security: 

20  Locomotives 

Equipment  cost  $435,761.  Outstanding  notes  rep- 
resent 24%  of  original  cost.  Guaranteed  by 
endorsement  by  the  American  Locomotive 
Company. 


Security: 

These  notes  represent  the  unpaid  obligation  of 
the  Railroad  Company  for  the  repair  and 
improvement  of  1,763  box  and  Gondola  coal 
cars  and  arc  a  first  lien  on  said  cars. 


Crie  R.R.  Co. 

1  Equipment  Trust  Scries  "H"     .     4% 


(>ated  June  1.  1905 


Due  $100,000  S.A. 
to  June  1,  1915 
jsued  $2,000,000  Outstanding     $200,000 

Int.  pay.  June  and  Dec.  1  at  Gir..  Phila. 


Trustee,  Gir.,  Phila. 


Form  C,  r. 


Security  : 

137  Freight  Locomotives 
19  Passenger  Locomotives 
Equipment    cost    about    $2,523,032.      Outstanding 
certificates  represent  7%  of  original  cost. 


49 


RAILWAY   EQUIPMENT   OBLIGATIONS 

Erie  R.R.  Co. 

Security  (original)  : 

Equipment  Trust 

Series  "I"       .     4% 

100  Locomotives 
4,000  Steel  Underframe  Box  Cars 
2,000  Steel  Hopper  Cars 

500  Steel  Underframe  Gondola  Cars 

Dated  Dec.  2,  1905 

Due  $350,000  S.A. 
to  June   1,   1916 
Outstanding  $1,400,000 
1  at  Pa.  I.  L.  &  G.  A. 
r.A.        Form  C,  r. 

Issued  $7,000,000 
*Int.  pay.  June  and  Dec 
Trustee,  Pa.I.L.&G 

Equipment   cost  $8,625,000.     June    1,    1909, 
box  cars,   and   on  June   1,    1912,  2,000 
tional  box  cars  were  withdrawn  from 
and    delivered   to   the   company. 

2,0OC 
addi- 
leas« 

Erie  R.R.  Co. 

Security: 

Equipment  Trust 

Series  "J"       .     4% 

500  Steel  Underframe  Gondola  Cars 
500  Steel  Underframe  Flat  Cars 

Dated  Nov.  1,  1906 

Due  $47,000  S.A. 

to  May  1,  1916, 

$57,000  Nov.  1,  1916 

Issued  $950,000 

Outstanding     $198,000 

tint.  pay.  May  and  Nov 

1  at  B. 

Trustee,  B. 

Form  C. 

Erie  R.R.  Co. 

Security  : 

Equipment  Bonds 

Series  "K"  .     4>^% 

500  Produce  Cars 
Equipment    cost    $657,500.       Outstanding 
represent  22%  of  original  cost. 

bonds 

Dated  Feb.  1,  1907 

Due  $29,000  S.A. 

to  Feb.  1,  1917 

Issued  $580,000 

Outstanding     $145,000 

tint.  pay.   Feb.  and  Aug 

'.  1  at  N.  Bk.  of  Com., 

N.  Y. 

1 

Trustee,  . 

Form  C. 

Erie  R.R.  Co. 

Security  : 

Car  Trust  Ctfs.  Series  "L"     .      .     5% 

2,000  Steel  Hopper  Cars 

Equipment    cost    $2,450,000.      Outstanding 
represent  26%  of  original  cost. 

I 

notes 

Dated  July  1,  1907 

Due  $107,000  S.A. 

to  July  1,  1917 

Issued  $2,140,000 

Outstanding     $642,000 

tint.  pay.  Jan.  and  July 

1  at  B. 

Trustee,  B. 

Form  C. 

5 

0 

RAILWAY   EQUIPMENT   OBLIGATIONS 


Erie  R.R.  Co. 
Equipment  Trust  Series  "M"      .     5% 


Dated  July  1,  1907  Due  $29,000  S.A. 

to   July   1,    1917 
[ssucd  $580,000  Outstanding     $174,000 

"Int.  pay.  Jan.  and  July  1   at  Gir.,  Phila. 
Trustee,   Gir.,   Phila.  Form  C. 


Security: 

38  Locomotives 
Equipment    cost    $724,875.        Outstanding    notes 
represent  21%  of  original  cost. 


Erie  R.R.  Co. 
Equipment  Notes  Series  "N" 


.     5% 


Dated  Oct.  1,  1907 


Due  $152,000  S.A. 
to  Oct.  1,  1917 
[ssued  $3,040,000  Outstanding  $1,064,000 

►Int.  pay.  Apr.  and  Oct.  1  at  F.  N.  Bk.,  N.  Y. 
Trustee,  Col.  Form  C. 


Security: 

3,000  Steel  Underframe  Pox  Cars 
Equipment    cost    $3,480,700.      Outstanding    notes 

represent  30%  of  original  cost. 


Srie  R.R.  Co. 

Equipment   Notes  Series  "O"     .     5% 


)ated  Aug.  31,  1907  Due  $50,000  S.A. 

to  Oct.  1,  1917 
ssued  $1,000,000  Outstanding     $300,000 

Int.  pay.  Apr.  and  Oct.  1  at  C. 

Trustee,  C.  Form  C. 


Security: 

1,000  Hopper   Cars 
Equipment  cost  about  $1,228,000. 


51 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Erie  R.R.  Co. 

Equipment  Trust  Series  "Q"     .     4^^% 

Security  : 

1,000  Steel  Box  Cars 
500  Steel  Underframe  Cars 

Dated  Aug.  2.  1911               Due  $230,000  S.A. 

to  Aug.   1,   1921 
Issued  $4,600,000                   Outstanding  $3,220,000 
*Int.  pay.  Feb.  and  Aug.  1  at  Fid.  T. 

Trustee,  Fid.T.,  Pliila.        Form  C,  r. 

200  Steel  Underframe   Refrigerator    Cars 
300  Automobile  Cars 
2,000  Gondola  Cars 
35  Passenger   Cars 

5  Passenger  and  Baggage   Cars 
35  Mikado  Type  Locomotives 
20  Switching  Locomotives 
Equipment     cost    $5,425,134.       Outstanding    cer- 
tificates  represent  59%   of  original   cost. 

Erie  R.R.  Co. 

Equipment  Trust  Series  "R"     .     4>4% 

Security: 

25  Passenger  Cars 

11  Passenger  and  Baggage  Cars 

Dated  Aug.  2,  1912              Due  $108,000  S.A. 

to   Aug.   1,   1922 
Issued  $2,160,000                   Outstanding  $1,728,000 
*Int.  pay.  Feb.  and  Aug.  1  at  Com.  T. 

Trustee,  Com.T.,  Phila.     Form  C,  r. 

300  Automobile  Cars 
500  Coke  Cars 

50  Mikado   Type   Locomotives 
Equipment    cost    $2,632,870.      Outstanding    notes 
represent  65%  of  original  cost. 

Erie  R.R.  Co. 

Equipment  Trust  Series  "S"     .     4>^% 

Security: 

1,500  Steel  Underframe  Box  Cars 
30  Mikado  Type  Locomotives 
6  Pacific  Type   Locomotives 
Equipment     cost     $2,511,219.       Outstanding    cer- 
tificates represent  67%   of  original  cost. 

1 

Dated  Dec.  3,   1912              Due  $100,000  S.A. 

to  Dec.  1,  1922 
Issued  $2,000,000                   Outstanding  $1,700,000 
*Int.  pay.  June  and  Dec.  1  at  Com.  T. 

Trustee,  Com.T.,  Phila.     Form  C,  r. 

S 

i 

RAILWAY   EQUIPMENT   OBLIGATIONS 


Erie  R.R.  Co. 

Equipment  Trust  Series  "T"       .     5% 

Security: 

1,500  Steel   Underframe   Box   Cars 
Equipment     cost     $1,613,950.      Outstanding     cer- 

Dated June  16,  1913             Due  $66,000  S.A. 

to  June  15,  1923 
Issued  $1,320,000                   Outstanding  $1,188,000 
tint.  pay.  June  and  Dec.   15  at  Col. 

Trustee,  Col.                             Form  C. 

tificates  represent  1Z%  of  original  cost. 

Erie  R.R.  Co. 

Equipment  Trust  Series  "U"     .     5% 

Security: 

1,500  Steel  Box  Cars 
500  Steel  Hopper  Cars 

Dated  July  2,   1913               Due  $117,000  each 

Jan.,  $118,000  each 
July  to  July   1,   1923 
Issued  $2,350,000                   Outstanding  $2,115,000 
Int.  pay.  Jan.  and  July   1  at  B. 

Trustee,  B.                          Form  C,  r. 

500  Gondola  Cars 
Equipment   cost   $2,829,376.66.     Outstanding   cer- 
tificates represent  74%  of  original  cost. 

'  Erie  R.R.  Co. 

Equipment  Trust  Series  "V"       .     5% 

Security  : 

1,000  Steel  Hopper  Cars 
Equipment     cost     $1,186,437.       Outstanding     cer- 

1 vited  June  16,  1913            Due  $100,000  A. 

to  June  15,  1923 
Issued  $1,000,000                   Outstanding     $900,000 
tint.  pay.  June  and  Dec.  15  at  N.  Y.  T. 
Trustee,  N.Y.T.                  Form  C,  r. 

tificates  represent  75%  of  original  cost. 

Erie  R.R.  Co. 

Equipment  Trust  Series  "A"       .     5% 

Security  : 

50  Freight  Locomotives 
Equipment     cost     $1,330,890.       Outstanding     cer- 

Dated Sept.  1,  1913              Due  $56,000  S.A. 
i                                                     to  Sept.  1.   1923 
Issued  $1,120,000                   Outstanding  $1,008,000 
♦Int.  pay.  Mar.  and  Sept.  1  at  Com.  T. 

Trustee,   Com.T.,  Phila.         Form  C. 

tificates  represent  75%  of  original  cost. 

53 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Fort  Worth  &  Denver  City  Ry.  Co. 
Equipment  Trust  Series  "B"       .     070 


Dated  April  1,  1907  Due  $19,000  S.A. 

to  April  1,   1917 
Issued  $376,000  Outstanding       $95,000 

*Int.  pay.  April  and  Oct.  1  at  G. 

Trustee,  G.  Form  C,  r. 


Security: 

5  Switching  Locomotives 
2  Passenger    Locomotives 

10  Freight    Locomotives 

6  Caboose   Cars 
150  Ballast  Cars 

Equipment    cost    $442,569.        Outstanding 
represent  21%  of  original  cost. 


notes 


Fort  Worth  &  Denver  City  Ry.  Co. 

Pullman  Equip.  Ctf.  Deferred  Rentals 


Dated  May  1,  1905  Due  $50,500.84  S.A. 

to  May  1,   1915 
Issued  $980,780,41  Outstanding    $50,500.84 

Int.  pay.  May  and  Nov.  1. 


Security  : 

12  Passenger  Cars 
4  Baggage  Cars 
900  Box  Cars 


I 
I 


Georgia  Southern  &  Florida  Ry.  Co. 
Equipment  Bonds  Series  "C"    .     4^% 


Dated  March  15,  1910  Due  $25,000  S.A. 

to  March  15,  1920 
Issued  $500,000  Outstanding     $275,000 

*Int.  pay.  Mar.  and  Sept.  15  at  E. 

Trustee,  E.  Form  C. 


Security  : 

15  Locomotives 
205  Steel   Underframe   Box   Cars 
100  Steel  Flat  Cars 
Equipment    cost    $587,310.      Outstanding    bonds 
represent  46%  of  original  cost. 


Georgia  Southern  &  Florida  Ry.  Co. 
Equipment  Bonds  Series  "D"    .     4>^% 


Dated  Aug.  1,  1912 


Issued  $425,000 


Due  $21,000  each 
Feb.,  $22,000  each 
Aug.  to  Aug.  1, 
1917;  then  $21,000 
S.A.  to  Aug.  1,  1922 

Outstanding     $339,000 


*Int.  pay.  Feb.  and  Aug.  1  at  B. 

Trustee,  B.  Form  C. 


Security  : 

10  Locomotives 

5  Steel  Frame  Passenger  Cars 
2  Steel  IMail  and  Baggage  Cars 
4  Steel  Baggage  and  E.xpress   Cars 
208  Steel  Underframe  Box   Cars 
60  Steel  Flat  Cars 
Equipment     cost     $504,150.       Outstanding     notes 
represent  67%  of  original  cost. 


54 


J51JS 


RAILWAY    EQUIPMENT   OBLIGATIONS 


Grand  Trunk  Ry.  of  Canada 
Equipment  Notes  Series  "A" 


4>4% 


Dated  May  1,  1912 


Due  $197,000  S.A. 
to   May   1,    1922 
Issued  $3,940,000  Outstanding  $2,955,000 

*Int.  pay.  May  and  Nov.  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  B.  Form  C. 


Security: 

3,000  Steel  Underframc  Box  Cars 
500  Refrigerator   Cars 
500  Automobile  Cars 
1,000  Steel   Hopper  Cars 
Equipment  cost  $4,483,675.     Callable  as  a  whole 
at  102><.     Outstanding  notes  represent  70% 
of  original  cost. 


Grand  Trunk  Ry.  of  Canada 

Equipment  Notes  Series  "B"     .     4>^% 


Dated  Nov.  1,  1912 

Issued  $3,360,000 
♦Int.  pay.  May  and  Nov. 
Trustee,  B. 


Due  $168,000  S.A. 
to   Nov.    1,    1922 
Outstanding  $2,688,000 
1  at  Blair  &  Co.,  N.  Y. 
Form  C. 


Security  : 

100  Locomotives 
2,000  Box  Cars 
50  Tank  Cars 
Equipment    cost    $3,820,730.      Outstanding    notes 
represent  70%  of  original  cost.     Callable  at 
102J^. 


Grand  Trunk  Ry.  of  Canada 

Equipment  Notes  Series  "C" 


4^% 


!  Dated  Nov.  1,  1913 


Due  $113,000  S.A. 
to  Nov.   1,   1918, 
$112,000  S.A. 
to   Nov.   1,   1923 
Issued  $2,250,000  Outstanding  $2,024,000 

♦Int.  pay.  May  and  Nov.  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  E.  Form  C. 


Security  : 

126  Steel  Passenger  Train  Cars 

500  Stock  Cars 

500  Flat  Cars 
Equipment    cost    $2,625,185.     Outstanding 
represent  11%  of  original  cost. 


notes 


Hocking  Valley  Ry.  Co. 

Equipment   Notes  Series 


'A" 


4% 


Dated  Feb.  1,  1907 


Due  $23,000  S.A. 
to    Feb.    1,    1917 
Issued  $458,000  Outstanding     $115,000 

♦Int.  pay.  Feb.  and  Aug.  1  at  U.  S.  M.  &  T. 


Trustee,  U.S.M.&T. 


Form  C,  r. 


Security  : 

500  Steel  Underframe  Gondola  Cars 
Equipment  cost  $573,000.     Outstanding  notes  rep- 
resent 20%  of  original  cost. 


55 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Hocking  Valley  Ry.  Co. 

Car  Trust  Series  O-T       .      .      .     4% 

Security: 

1,000  Gondola  Cars 
Equipment    cost    $1,200,000.     Outstanding    notes 

Dated  Feb.  15,  1907              Due  $48,000  S.A. 

represent  15%  of  original  cost. 

to  Feb.  15,  1917 

Issued  $960,000                      Outstanding     $180,000 

*Int.  pay.  Feb.  and  Aug.  15  at  Company's  Office, 

N.  Y.  C. 

Trustee,  Lincoln  Tr.         Form  C,  r. 

Hocking  Valley  Ry.  Co. 
Pullman  Co.  Series  "C" 


4% 


Dated  Apr.  1,  1907 


Due  $37,000  S.A. 
to  Apr.  1,  1917 
Issued  $740,000  Outstanding     $185,000 

*Int.  pay.  Apr.  and  Oct.  1  at  Merch.  L.  &  T.,  Chic. 
Trustee, .  Form  C,  r. 


Hocking  Valley  Ry.  Co. 

Equipment   Trust   Series   "E" 


4% 


Dated  Aug.  1,  1907 


Due  $25,000  S.A. 
to  Aug.  1,  1917 
Issued  $500,000  Outstanding     $150,000 

*Int.  pay.  Feb.  and  Aug.  1  at  Em. 

Trustee,  Em.  Form  C,  r. 


Hocking  Valley  Ry.  Co. 
Car  Trust  No.  1  of  1908 


Dated  Feb.  15,  1908 


Due  $25,000  S.A. 
to  Feb.  15,  1918 
Issued  $500,000  Outstanding     $175,000 

*Int.  pay.  Feb.  and  Aug.  15  at  G. 

Trustee,  G.  Form  C,  r. 


Security  : 

850  Box  Cars 


Security  : 

500  Gondola  Cars  M 

Equipment  cost  $618,955.     Outstanding  bonds  rep- 
resent 237o  oi  original  cost. 


Security  : 

500  Steel  Underframe  Gondola  Cars 
Equipment  cost  $617,470.     Outstanding  notes  rep- 
resent 28%  of  original  cost. 


56 


L^"*^ 


3k 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Hocking  Valley  Ry.  Co. 

Equipment  Trust  Series  of  1913 


5% 


Dated  Aug.  1,  1913 


Due  $100,000  A. 
to  Aug.  1,  1923 
Issued  $1,000,000  Outstanding     $900,000 

*Int.  pay.  Feb.  and  Aug.  1  at  Com.  T. 

Trustee,  Com.T.Phila.         Form  C,  r. 


Security: 

1,000  Steel  Coal  Cars 

6  Mikado  Type  Locomotives 
2  Passenger  Locomotives 
Equipment    cost    about    $1,250,000.     Outstanding 

notes  represent  72%  of  original  cost. 
Callable  at  par. 


Hocking  Valley  Railway. 

Equipment  Trust  Series  of  1914   ^Y^Jo 


Dated  Feb.  2,  1914  Due  $80,000  A. 

to  Feb.  1,  1924 

Issued  $800,000  Outstanding     $800,000 

tint.  pay.  Feb.  and  Aug.  1  at  Com.  T..  Phila. 
Trustee,  Com.T.Phila.  Form  C,  r. 


Security  : 

1,000  Steel  Coal  Cars 
Equipment    cost    $940,000.      Outstanding    amount 

represents  85%  of  cost. 
Callable  as  a  whole  at  101  on  any  interest  day. 


Hudson  &  Manhattan  R.R.  Co. 
Car  Trust  Series  "A" 


Dated  Mar.  1,  1909  Due  $46,000  S.A. 

to  Mar.  1,  1919 
Issued  $920,000  Outstanding     $414,000 

tint.  pay.  Mar.  and  Sept.  1  at  G. 

Trustee,  G.  Form  C,  r. 


Security  : 

90  All    Steel   Passenger   Cars,   with   motor 

equipment  of  360  h.p.,  costing  $1,242,220 

Outstanding  notes  represent  33%  of  original  cost. 


Hudson  &  Manhattan  Co. 
Car  Trust   Series  "B" 


5% 


Dated  Oct.  1.  1910 


Due  $25,000  S.A. 
to  Oct.   1,   1920 
'  Issued  $500,000  Outf^tanding     $300,000 

tint.  pay.  Apr.  and  Oct.  1  at  G. 

Trustee,  G.  Form  C,  r. 


Security: 

50  All  Steel  Passenger  Cars  equipped  with 
360  h.p.,  costing  $662,500 
Outstanding  notes  represent  45%  of  original  cost. 


57 


KAll-rWAY     H.yUlFJVlliJNi     Uiil^lUAlUJJNb 

Hudson  &  Manhattan  Co. 

Security: 

Car  Trust  Series  "C"     ....     5% 

36  All  Steel  Passenger  Cars  equipped  with 
450  h.p.  and  full  multiple  control  cost- 

Dated Aug.  1,  1911              Due  $21,000  S.A. 

to  Aug.  1,  1921 

ing  $510,000. 
Outstanding  notes  represent  57%  of  original  cost. 

Issued  $420,000                      Outstanding     $294,000 

tint  pay.  Feb.  and  Aug.  1  at  G. 

Trustee,  G.                           Form  C,  r. 

f 


Huntingdon  &  Broad  Top  Mountain  R.R. 
&  Coal  Co. 

Equipment  Trust  16th  Series    .     4>^% 

Security: 

500  Steel  Gondola  Coal   Cars 
Equipment  cost  $537,000.     Outstanding  notes  rep- 
resent 43%  of  original  cost. 

Dated  Oct.  1,  1906               Due  $16,000  each 

Redeemable  at  102i^. 

Apr.  $17,000  each 

Oct.  to  Oct.  1,  1916; 

thereafter  $17,000 

S.A.  to  Oct.  1,  1921 

Issued  $500,000                       Outstanding     $236,000 

*Int.  pay.  Apr.  and  Oct.  1  at  Phila.  T.  S.  D.  &  I. 

Trustee,  Phila.T.S.D.&I.    Form  C,  r. 

Illinois  Central  R.R.  Co. 

Security: 

Equipment  Trust  Series  "A"    .     4^% 

17  Steel  Mail 

35  Steel  Baggage  Cars 

Dated  Feb.  1,  1913               Due  $400,000  S.A. 

to  Aug.  1,  1923 
Issued  $8,000,000                   Outstanding  $6,800,000 
*Int.  pay.  Feb.  and  Aug.  1  at  Com.  T. 

Trustee,  Com.T. Phila.         Form  C,  r. 

4  Steel  Observation  Cars 
9  Steel  Chair   Cars 
40  Steel  Passenger  Cars 
5,000  Steel  Gondola    Cars 
500  Steel  Flat  Cars 
30  Caboose  Cars 

135  Locomotives 

Equipment    cost    $9,413,080.     Outstanding    certifi- 

cates represent  72%  of  original  cost. 

Callable  at  102^  after  Feb.  1,  1918. 

58 


RAILWAY   EQUIPMENT  OBLIGATIONS 


Illinois  Central  R.R.  Co. 

Equipment  Trust  Scries  "B" 


Dated  Aug.  1,  1913  Due  $175,000  S.A. 

to  Aug.   1,   1923 
Issued  $3,500,000  Outstanding  $3,150,000 

*Int.  pay.  Feb.  and  Aug.  1  at  Un.  T.  Pitts. 
Trustee,  Un.T.Pitts.  Form  C,  r. 


Security: 

10  Steel  Postal  Cars 
10  Steel  Mail  and  Baggage  Cars 
7  Steel  Passenger  Cars 
3  Steel  Dining  Cars 
500  Steel  Underframe  Stock  Cars 
500  Steel  Underframe  Fruit  Cars 
500  Steel  Underframe  Refrigerator  Cars 
800  Steel  Underframe  Furniture  Cars 
1,000  Steel  Gondola  Cars 
Equipment    cost    $4,375,000.     Outstanding    certifi- 
cates represent  72%  of  original  cost. 
Callable  at  102>/^  after  Aug.  1,  1918. 


International  &  Great  Northern  R.R, 
Equipment  Notes  Series  "A"      .     6% 


Dated  Oct.  1,  190S 


led  $380,000 


Due  $19,000  S.A. 
to  Oct.   1,  1918 
Outstanding     $152,000 


Int.  pay.  Apr.  and  Oct.  1  at  G. 

Trustee,  G.  Form  C. 


Security  : 

10  Freight  Locomotives 
500  Box  Cars 
Equipment  cost  $420,000.     Outstanding  notes  rep- 
resent 36%  of  original  cost. 
Subject  to  call  at  par. 


International  &  Great  Northern  Ry.  Co. 
Equipment  Trust 5% 


Dated  Aug.  1.  1913  Due  $50,000  S.A. 

to  .'\ug.  1,  1923 
[ssued  $1,000,000  Outstanding     $900,000 

fint.  pay.  Feb.  and  Aug.  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  E.  Form  C. 


Security  : 

13  Oil  Burning  Freight  Locomotives 
400  Steel  Underframe  Box  Cars 
400  Steel  Underframe  Stock  Cars 
200  Steel  Gondola  Cars 

Equipment  cost  about  $1,245,000. 


59 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Iowa  Central  Ry.  Co. 

Car  Trust  "A"    .      , 


Dated  May  1,  1909  Due  $32,000  A. 

to  May  1,  1919 
Issued  $320,000  Outstanding     $160,000 

*Int.  pay.  May  and  Nov.  1  at  Company's  office, 
N.  Y. 
Trustee,  Pa.C.I.L.&G.A.     Form  C,  r. 


Iowa  Central  Ry.  Co. 

Car  Trust  Series  "B" 


Dated  Oct.  1,  1910  Due  $16,000  Oct.  1, 

1914,  then  $15,000  A. 
to   Oct.    1,    1920 
Issued  $154,000  Outstanding       $90,000 

*Int.  pay.  Apr.   and  Oct.   1   at  Company's  office, 
N.  Y. 
Trustee,  Pa.C.I.L.&G.A.     Form  C,  r. 


Security: 

12  Locomotives 
100  Steel  Gondola  Cars 
250  Wooden  Coal  Cars 
Equipment     cost     $407,000.       Outstanding     notes 
represent  39%   of  original  cost. 


Security: 

10  Freight  Locomotives 
Equipment     cost     $181,815.       Outstanding     notes 
represent  49%  of  original  cost. 


Kanawha  &  Michigan  Ry.  Co. 
Equipment  Car  Trust  of  1906 


Dated  Aug.  15,  1906  Due  $23,000  S.A. 

to  Aug.  15,  1916 
Issued  $460,000  Outstanding       $92,000 

*Int.  pay.  Feb.  and  Aug.  15  at  Sup.  S.  &  T.  Co., 
Cleve. 
Trustee,  .  Form  C,  r. 


Security: 

500  Gondola  Dump  Cars 
Notes  issued  for  full  cost  of  equipment. 


60 


KAiJ-«WAX      JliV^UiriVirilN  X     ^J15JL.lUAAX\JlNa 


Kanawha  &  Michigan  Ry.  Co. 
Equipment  Trust     . 


5% 


Dated  May  1,  1909 


Due  Serially  to  May 
1,    1917 
Issued  $166,000  Outstanding       $97,000 

*Int.    pay.    May    and    Nov.    1    at    No.    Nat.    Bk., 
Toledo. 
Trustee, .  Form  C. 


Security: 

300  Gondola  Cars 


Kanawha  &  Michigan  Ry.  Co. 
Equipment  Notes 


43^% 


Dated  July  1.  1912 


Due  $60,000  S.A. 
to  July  1,  1922 
Issued  $1,200,000  Outstanding     $420,000 

*Int.  pay.  Jan.  and  July  1  at  Un.  T. 

Trustee,  Un.T.  Form  C. 


Kanawha  &  Michigan  Ry.  Co. 

Equipment  Trust       ....     ^Yijo 


Dated  July  1,  1914 

Issued  $1,200,000 
tint.  pay.  Jan.  and  July  1, 
Trustee,  Un. 


Due  $60,000  S.A. 
to  July  1,  1924 
Outstanding  $1,200,000 

Form  C. 


Security: 

1,000  Steel  Coal  Cars 
1,000  Steel  Underframe  Coal  and  Ballast 
Cars 
3  Steel  Underframe  Passenger  Cars 
2  Steel  Underframe  Baggage  and  Mail 

Cars 
10  Freight  Locomotives 
2  Heavy  Switching  Locomotives 
Equipment    cost    $1,333,400.      Outstanding    notes 

represent  31%  of  original  cost. 
Callable  at  par. 


Security: 

1,160  Steel  Gondola  Cars 
5  Steel  Passenger  Cars 
2  Steel  Baggage  and  Mail  Cars 
7  Consolidation   Freight  Locomotives 
Equipment    cost    over   $1,335,000.     Callable    as   a 
whole,  but  not  in  part,  at  par  on  30  days'  notice. 


61 


XXX^X  X^   T  T  X^  JU  J.^^-^  ^/  XA    J.TA'-'X  V    .b  -y^  a_^  a-#^^ma  a  ^  a  ^.r  ^  v  •»# 


Kansas  City,  Ft.  Scott  &  Memphis  Ry. 
Co. 

Equipment  Bonds  Series  "A"  .     43/2% 


Dated  Jan.  3,  1905  Due  $65,000  S.A. 

to  Jan.  1,   1915 
Issued  $1,300,000  Outstanding       $65,000 

*Int.  pay.  Jan.  and  July  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  N.Y.T.  Form  C. 


Kansas  City,  Ft.  Scott  &  Memphis  Ry. 
Co. 

Equipment  Bonds  Series  "B"    .     4>^% 


Dated  Aug.  1,  1905  Due  $85,000  S.A. 

to  Aug.  1,  1915 
Issued  $1,700,000  Outstanding     $170,000 

*Int.  pay.  Feb.  and  Aug.  1  at  Blair  &  Co.,  N.  Y. 
Trustee,  B.  Form  C,  r. 


Kansas  City  Southern  Ry.  Co. 
.  Equipment  Notes  Series  "D'' 


Dated  Dec.  15,  1912 


Due  $62,000  S.A. 
to  Dec.  15,  1924 
Issued  $1,448,000  Outstanding  $1,364,000 

*Int.  pay.  June  and  Dec.  15  at  Blair  &  Co.,  N.  Y. 
Trustee,  N.Y.T.  Form  C. 


Lehigh  &  Hudson  River  Ry.  Co. 

Equipment  Trust  Ctfs.  Series  "A"  4>^% 


Dated  June  1,  1906 


Due  $40,000  A. 
to  June  1,   1916 
Issued  $400,000  Outstanding       $80,000 

*Int.  pay.  June  and  Dec.  1  at  Pa.  Co.  I.  L.  &  G.  A. 
Trustee,  Pa.Co.I.L.&G.A.       Form  C. 


Security  : 

400  Furniture  Cars 
1,300  Box  Cars 
300  Hopper  Cars 
50  Caboose  Cars 
Equipment    cost    $1,468,259. 


Outstanding    notes 


represent  5%  of  original  cost. 


Security  : 

30  Locomotives 

16  Mail  and   Combination   Cars 
500  Hopper  Cars 
500  Gondola  Cars 
400  Dump  Cars 
100  Steel  Drop  Cars 
Equipment    cost    $1,939,730.      Outstanding    bonds 
represent  8%   of   original   cost. 


f 


Security  : 

20  Locomotives 
1,000  Steel  Underframe  Gondola  Cars 
100  Steel  Underframe  Furniture  Auto 

Cars 
200  Steel  Underframe  Flat  Cars 
Equipment    cost    $1,758,993.      Outstanding    notes 

represent  77%   of  original  cost. 
Callable  at  par  and  interest. 


Security: 

6  Locomotives 
250  Gondola  Coal  Cars 
10  Low  Side  Gondola  Cars 
75  Box  Cars 
25  Steel  Ore  Cars 
Equipment  cost  $490,000.    Outstanding  certificates 
represent   16%   of  original  cost. 


62 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Lehigh  &  New  England  R.R.  Co. 
Equipment  Trust  Series  "A" 


43^% 


Dated  June  1,  1908 


Due  $30,000  A. 
to  June    1,    1923 
Issued  $450,000  Outstanding     $270,000 

*Int.  pay.  June  and  Dec.  1  at  G.  T.  &  S.  D.,  Phila. 
Trustee,  G.T.&S.D.,  Phila.       Form  C,  r. 


Security: 

300  Steel   Coal   Cars 
300  Box   Cars 
2  Freight  Locomotives 
Equipment     cost     $519,471.       Outstanding     notes 

represent  52%  of  original  cost. 
Guaranteed  principal  and  interest  by  Lehigh  Coal 

&  Navigation  Co. 
Callable  at  102>^. 


Lehigh  <S:  New  England  R.R.  Co. 
Equipment  Trust  Ctfs.  Series  "B"  4>^% 


Dated  May  1,  1911  Due  $45,000  A. 

to  May  1,   1925, 
$70,000  May  1,  1926 
Issued  $700,000  Outstanding     $565,000 

♦Int.  pay.  May  and  Nov.  1  at  G.  T.  &  S.  D.,  Phila. 
Trustee,  G.T.&S.D.,  Phila.       Form  C,  r. 


Security: 

500  Steel  Coal  Cars 
300  Box  Cars 
7  Freight  Locomotives 
Equipment     cost     $803,700.        Outstanding     cer- 
tificates represent  70%  of  original  cost. 
Callable  at  102^- 


Lehigh  &  New  England  R.R.  Co. 
Equipment  Trust  Series  "C" 


4:y2% 


Dated  Feb.  1,  1913 


Issued  $550,000 

*Int.  pay.  Feb.  and  Aug. 


Due  $35,000  A. 
to  Feb.  1,  1927, 
$60,000  Feb.   1.   1928 
Outstanding     $515,000 
1  at  G.  T  &  S.  D.,  Phila. 


Trustee,  G.T.&S.D.,  Phila.       Form  C,  r. 


Security: 

500  Steel  Under  frame  Box  Cars 
100  Steel  Coal  Cars 
5  Freight  Locomotives 
1  Switching  Locomotive 
1  Steam  Wrecking  Crane 
EJjuipment     cost     $642,356.       Outstanding     cer- 
tificates represent  80%   of  original  cost 
Callable  at  101. 


63 


RAILWAY    EQUIPMENT   OBLIGATIONS 


Lehigh  &  New  England  R.R.  Co. 
Equipment   Trust    Ctfs.    Scries 

*'D" 4>1% 

Dated  Mar.  2.  1^14  Duo  $40.0(10  A. 

to  Mar.  1,  1929 
Issued  $6(X1,000  Outstanding     $600,000 

tint.  pay.  Mar.  and  Sept.  1  at  P.I.L.&G.A. 
Trustee,  P.l.L.&G.A.  Form  C,  r. 


Security  : 

7  Consolidated    Freight    Locomotives 
3  Switcliinsi'  Locomotives 

200  Steel  Gondola  Coal  Cars 
500  Steel  Hopper   Coal   Cars 
Equipment    cost    $706,0^)5.      Outstanding:    certifi- 
cates represent  S4''c  of  original  cost. 


Lehigh  Valley  R.R.  Co. 

Equipment  Trust  Scries  "J' 


^'470 


Dated  Oct.  3,  1907 


Due  $250,000  S.A. 
to  Sept.   1,  1917 
Issued  $5,000,000  Outstanding  $1.5a').000 

♦Int.  pay.  Mar.  and  Sept.  1  at  Company's  office, 
Phila. 
Trustee,  U.S.M.&T.  Form  C.  r. 


Security: 

3,0W  Steel  Coal  Cars 

l.(XX)  Steel  Box  Cars 

l.Oai  Steel  Gondola  Cars 
Equipment    cost    $5,824,820.      Outstanding    notes 

represent  25%  of  original  cost. 


Louisville  &  Nashville  R.R.  Co. 

Equipment    Bonds    Series    "A"     .     5% 


Dated  June  2,  1913  Due  $325,000  S.A. 

to  June  1,  1923 
Issued  $6,500,000  Outstanding  $5,850,000 

*Int.  pay.  June  and  Dec.  1. 

Trustee,  F.&C.Tr.,  Louis.         Form  C,  r. 


Security: 

20  Freight  Locomotives 

4  Pacific   Type   Locomotives 

26  Steel  Underframe    Passenger   Cars 
2  Steel  Underframe  Baggage  and  Mail 

Cars 
8  Steel  Underframe  Baggage  Cars 

5  Steel  Postal  Cars 

3,000  Steel  Hopper  and  Gondola  Cars 
3.000  Freight  Cars 
Equipment    cost    $7,226,420.      Outstanding    bonds 
represent  80%  of  original  cost. 


64 


RAILWAY    EQUIPMENT   OBLIGATIONS 


Mexican  Central  Ry.  Co.,  Ltd, 
Ivjuipment  and  Collateral  Bonds, 
First  Series 


5% 


Dated  April  1,  1897  Due  $50,000  A. 

to  April  1,  1917 
Issued  $1,000,000  Outstanding     $151,000 

*Int.  pay.  Apr.  and  Oct.  1  at  O.  C,  Bos. 
Trustee,  O.C,  Bos.    Form  C,  R,  $1,000  or  £205. 


Security  : 

40  locomotives 
710  Box  Cars 
240  Coal  Cars 
25  Caboose  Cars 
Equipment    cost    $1,000,000.     Outstanding    bonds 

represent  15%  of  original  cost. 
Additionally   secured  by  deposit  of  $225,000  par 
value  Prior  Lien  4j/2's  of  the  National   Rys. 
of  Mexico. 


Mexican  Central  Ry.  Co.,  Ltd. 
Equipment  and  Collateral  Bonds, 
Second  Series 


5% 


Dated  Oct.  2,  1899 


Due  $50,000  A. 
to   Oct.    1,    1919 
Issued  $1,000,000  Outstanding     $250,000 

*Int.  pay.  Apr.  and  Oct.  1  at  O.  C,  Bos. 
Trustee,  O.C,  Bos.    Form  C.  R,  $1,000  or  £205. 


Security  : 

45  Locomotives 
16  Passenger  Cars 
350  Box  Cars 
100  Stock   Cars 
50  Flat  Cars 
50  Coal  Cars 
30  Caboose  Cars 
Additionally   secured  by  deposit  of  $450,000  par 
value  Prior  Lien  4H's  of  the  National  Rys. 
of   Mexico. 
Redeemable  at  102 J/^. 


Minneapolis  &  St.  Louis  R.R.  Co. 
Car  Trust  Series  "A"    . 


5% 


I  Dated  April  1.  1909 


Due  $60,000  A. 
to  April  1,  1919 
Issued  $600,000  Outstanding     $300,000 

♦Int.  pay.  Apr.  and  Oct.  1  at  Pa.  C.  I.  L.  &  G.  A. 
Trustee,  Pa.C.I.L.&G.A.      Form  C,  r. 


Security  : 

7  Freight  Locomotives 
4  Passenger  Locomotives 
3  Switching  Locomotives 
750  Wooden  Box  Cars 
100  Wooden  Gondola  Coal  Cars 
Equipment     cost     $725,000.       Outstanding 
represent  41%  of  original  cost 


notes 


65 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Minneapolis  &  St.  Louis  R.R.  Co. 
Car  Trust  Series  "B"    . 


Dated  Oct.  1,  1910  Due  $18,000  A. 

to   Oct.   1,    1920 
Issued  $180,000  Outstanding     $108,000 

*Int.  pay.  Apr.  and  Oct.  1  at  Pa.  C.  I.  L.  &  G.  A. 
Trustee,  Pa.C.I.L.&G.A.      Form  C,  r. 


Security: 

2  Mogul  Switching  Locomotives 
10  Freight  Locomotives 
Equipment     cost    $212,170.       Outstanding 
represent  50%  of  original  cost. 


notes 


Minneapolis  &  St.  Louis  R.R.  Co. 

Car  Trust  Series  "C"    . 


Dated  Nov.  1,  1912  Due  $19,000  A. 

to  Nov.  1,  1918; 

thereafter  $18,000  A. 

to  Nov.   1,   1922 
Issued  $186,000  Outstanding     $148,000 

*Int.  pay.  May  and  Nov.  1  at  Pa.  C.  I.  L.  &  G.  A. 
Trustee,  Pa.C.I.L.&G.A.      Form  C,  r. 


Security  : 

12  Freight  Locomotives 
Equipment     cost    $216,180.       Outstanding 
represent  68%  of  original  cost. 


notes 


Minn.,  St.  Paul  &  S.  Ste.  Marie  Ry.  Co. 
Equipment  Car  Trust  Series  "A"  . 


Dated  Jan.  3,  1907 


Due  $96,000  S.A. 
to  July  1,  1916, 
$111,000  Jan.  1,  1917 
Issued  $1,935,000  Outstanding     $495,000 

Int.  pay.  Jan.  and  July  1  at  agency  of  Bk.  of  Mon., 
N.  Y. 
Trustee,  C.  Form  C. 


Security  : 

63  Passenger  Cars 
1,225  Freight  Cars 
50  Locomotives 
1  Steam  Wrecker 
Equipment    cost    $2,418,750.      Outstanding    notes 

represent  20%  of  original  cost. 
Callable  at  par. 


66 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Minn.,  St.  Paul  &  S.  Ste.  Marie  Ry.  Co. 
Equipment  Car  Trust  Series  "B"  4>4% 

Security: 

500  Ore  Cars 
300  Stock  Cars 

Dated  April  1,  1910              Due  $61,000  S.A. 

to  April  1,  1920 
Issued  $1,220,000                   Outstanding     $671,000 
Int.  pay.   Apr.  and  Oct.   1   at  agency  of   Bk.   of 
Mon.,  N.  Y. 
Trustee,  C.                               Form  C. 

900  Box  Cars 
100  .Automobile  Cars 
Equipment    cost    $1,525,000.      Outstanding    notes 
represent  44%  of  original  cost. 

Minn.,  St.  Paul  &  S.  Ste.  Marie  Ry.  Co. 
Equipment  Trust  Series  "C"     .     4^^% 

Security: 

15  Freight  Locomotives 

16  Passenger  Locomotives 

Dated  March  1,  1911            Due  $60,000  S.A. 

to  March  1,  1921 
I?>ued  $1,190,000                   Outstanding     $780,000 
*Int.  pay.  Mar.  and  Sept.  1  at  agency  of  Bk.  of 
Mon.,  N.  Y. 
Trustee,  C.                               Form  C. 

35  Steel  Passenger  Cars 
35  Caboose  Cars 
2  Steam  Wrecking  Cranes 
Equipment    cost    $1,358,866.      Outstanding    notes 
represent  58%  of  original  cost. 

1 

Minn.,  St.  Paul  &  S.  Ste.  Marie  Ry.  Co. 
Equipment  Trust  Series  "D"    .     4>4% 

Security: 

6  Coaches 
400  Steel  Underframe  Cars 

'Dated  June  1.  1912               Due  $51,000  S.A. 

to  Tune  1,  1922 
Issued  $1,020,000                   Outstanding     $816,000 
*Int.  pay.  June  and  Dec.  1   at  agency  of  Bk.  of 
Mon.,  N.  Y. 
Trustee,  C.                               Form  C. 

350  Box  Cars 
100  Refrigerator  Cars 
200  Vegetable  Cars 
5  Freight  Locomotives 
4  Switching  Locomotives 
Equipment  cost  $1,278,703.21.     Outstanding  notes 
represent  63%  of  original  cost. 

67 


RAILWAY   EQUIPMENT  OBLIGATIONS 


Minn.,  St.  Paul  &  S.  Ste.  Marie  Ry.  Co. 

Security: 

Equipment  Trust  Series  "E"    .     4^% 

15  Baggage  Cars 

16  Coaches 

Dated  Jan.  1,  1913                Due  $159,000  S.A. 

to  Jan.  1,  1923 
Issued  $3,180,000                   Outstanding  $2,703,000 

12  Sleeping  Cars 
1  Cafe  Car 
3  Postal  Cars 

*Int.  pay.  Jan.  and  July  1  at  agency  of  Bk.  of 
Mon.,   N.  Y. 
Trustee,  G.                               Form  C. 

2  Dmmg  Cars 
1,500  Box  Cars 
200  Ballast  Cars 
200  Flat  Cars 

20  Caboose  Cars 

300  Ore  Cars 

25  Locomotives 

Equipment    cost    $3,806,657.      Outstanding    notes 

represent  71%  of  original  cost. 

Minn.,  St  Paul  &  S.  Ste.  Marie  Ry.  Co. 

Security  : 

Equipment  Trust  Series  "F"    .      .     5% 

10  Locomotives 
1,050  Steel  Box  and  Ore  Cars 

Dated  Dec.  1,  1913               Due  $64,000  S.A. 

to  Dec.  1,  1923 

10  Passenger  Cars 
Equipment  cost  15%  in  excess  of  note  issue. 

Issued  $1,280,000                   Outstanding  $1,216,000 

Int.  pay.  June  and  Dec.  1. 

Trustee,  Gir.T.                    Form  C,  r. 

Mississippi  River  &  Bonne  Terre  Ry. 

Equipment  Notes 5% 


Dated  Sept.  25,  1911  Due  $50,000  S.A. 

to  July  1,  1916 
Issued  $500,000  Outstanding     $200,000 

*Int.  pay.  Jan.  and  July  1  at  F.  T.  &  S.,  Chicago. 
Trustee,  F.T.&S.,  Chic.  Form  C. 


Security  : 

20  Locomotives 
6  Coaches 

4  Combination  Cars 
2  Official  Cars 
106  Box  Cars 
25  Coal  Cars 
910  Dump  Cars 
40  Mineral  Cars 
10  Caboose  Cars 
Callable  at  par. 


68 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Missouri,  Kansas  &  Texas  Ry.  Co. 

Equipment  Trust  Notes     .      .      .     5% 


Dated  June  2,  1913  Due  $95,000  S.A. 

to  June  1,  1923 
Issued  $1,900,000  Outstanding  $1,710,000 

*Int.  pay.  June  and  Dec.  1. 

Trustee,  C.  Form  C. 


Security: 

40  Mikado  Type  Locomotives 
1,000  Steel  Underframe  Box  Cars 
10  Steel  Baggage  Cars 
5  Steel  Chair  Cars 
5  Steel  Coach  and  Mail  Cars 
5  Steel  Postal  Cars 
3  Steel  Baggage  and  Mail  Cars 
3  Steel  Dining  Cars 
Equipment    cost    $2,376,000.      Outstanding    notes 

represent  71^   of  original  cost. 
Callable  at  par. 


Missouri,  Kansas  &  Texas  Ry.  Co. 

Equipment  Trust uyo 


Dated  April  1,  1914  Due  $38,000  S.A. 

to  Oct.  1,  1921; 

$39,000  S.A.  to  Apr. 

1,  1924 
Issued  $765,000  Outstanding     $727,000 

tint.  pay.  Apr.  and  Oct.  1. 

Trustee,    Com.T.,    Phila.  Form 


Security: 

30  Locomotives 
200  Ballast  Cars 
Equipment     cost    $900,000.      Outstanding    notes 
represent  80%  of  original  cost. 


Missouri  Pacific  Ry.  Co. 

AIo.  Pac.  Equip.  xA.ssoc.  Series  "F"   5% 


Dated  Dec.  IS,  1904 

Issued  $480,000 
Int.  pay.  Quar.  Mar.   1. 
Trustee,  B. 


Due  $48,000 

Dec.   1,   1914 
Outstanding       $48,000 

Form  R. 


Security: 

500  Gondola  Cars 
2  Coaches 
1  Chair  Car 
1  Dining  Car 
1  Postal  Car 

1  Baggage  and  Express  Car 
Equipment   cost  $489,688.84.      Outstanding  notes 
represent  9%  of  original  cost. 


69 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Missouri  Pacific  Ry.  Co. 

Mo.  Pac.  Equip.  Assoc.  Series  "G" 


Dated  June  15,  1904 

Issued  $430,000 
Int.  pay.  Quar.  Mar.  1. 
Trustee,  B. 


Due  $43,000 

June  1,   1915 
Outstanding       $43,000 

Form  R. 


Security  : 

25  Locomotives 

10  Postal  Cars 
Equipment     cost    $431,250.       Outstanding     notes 
represent  20%    of   original  cost. 


Missouri  Pacific  Ry.  Co. 

Mo.  Pac.  Equip.  Assoc.  Series  "H" 


Dated  Aug.  15,  1905 

Issued  $1,000,000 
Int.  pay.  Quar.  Mar.  1. 
Trustee,  B. 


Due  $100,000 

Mar.   1,   1915 
Outstanding     $100,000 

Form  R. 


Security: 

500  Box  Cars 

1,000  Coal  Cars 
Equipment    cost    $1,004,955.      Outstanding    notes 

represent  10%   of  original  cost. 


Missouri  Pacific  Ry.  Co. 

Mo.  Pac.  Equip.  Assoc.  Series  "I" 


Dated  Dec.  1,  1906 

Issued  $770,000 
Int.  pay.  Quar.  Mar.  1. 
Trustee,  B. 


Due  $77,000  A. 

to  Dec.  1,  1916 
Outstanding     $231,000 

Form  R. 


Security: 

50  Consolidated   Freight   Locomotives 
Equipment     cost     $770,750.       Outstanding     notes 
represent  30%   of  original  cost. 


■s 


70 


RAILWAY   EQUIPMENT  OBLIGATIONS 


Missouri  Pacific  Ry.  Co. 

Equipment  Trust  Series  "1" 


Dated  May  1,  1907  Due  $335,000  A. 

to   May    1,    1917 
Issued  $3,350,000  Outstanding  $1,005,000 

*Int.  pay.  May  and  Nov.  1  at  Col. 

Trustee,  Col.         Form  C,  r,  R,  Interch. 


Security  : 

3,000  Wooden  Coal  Cars 
750  Wooden  Stock  Cars 
750  Ballast  Cars 
Equipment    cost   $3,730,500.      Outstanding   bonds 
represent  26%  of  original  cost. 


Missouri  Pacific  Ry.  Co. 

Equipment  Notes  Series  "2"       .     5% 


Dated  Nov.  1,  1911 


Issued  $2,940,000 


Due  $147,000  S.A. 
to  Nov.   1.   1921 
Outstanding  $2,058,000 


*Int.  pay.  May  and  Nov.  1  at  C. 

Tnistee,  C.  Form  C. 


Security  : 

54  Locomotives 

1  Gas   Motor  Car 
13  Steel  Mail  Cars 
1   Steel  Paper  Car 
15  Steel  Underframe  Baggage  Cars 
1,000  Steel  Underframe  Automobile  Cars 
1,000  Steel  Underframe  Box  Cars 
Equipment  cost  $3,275,539.79.     Outstanding  notes 

represent  62%  of  original  cost. 
Callable  as  a  whole  at  par. 


Mobile  &  Ohio  R.R.  Co. 

Efiuipmcnt   Trust   Series 


'A" 


Dated  May  1.  1899  Due  May  1.  1919 

Issued  $500,000  Outstanding     $498,000 

*Int.  pay.  May  and  Nov.  1  at  F.  L.  &  T. 

Trustee.  F.L.&T.  Form  C,  r. 


Security: 

32  Locomotives 
200  Fruit  Cars 
200  Gondola   Cars 
20  Bo.\    Cars 
7  Baggage  and  Mail  Cars 
15  Way  Cars 
1  Coach  Car 
23  Caboose  Cars 
4  Express  Cars 


71 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Mobile  &  Ohio  R.R.  Co. 
Equipment  Trust  Series 


'B' 


5% 


Dated  Oct.  1.  1899  Due  Oct.  1,  1919 

Issued  $500,000  Outstanding     $499,000 

*Int.  pay.  Apr.  and  Oct.  1  at  F.  L.  &  T. 

Trustee,  F.L.&T.  Form  C,  r. 


Security  : 

21  Locomotives 
100  Fruit  Cars 
300  Gondola  Cars 

75  Box    Cars 

19  Way  Cars 

SO  Ballast  Cars 

1  Dining  Car 

9  Passenger  Cars 
9  Express   Cars 

2  Baggage  and  Mail  Cars 
4  Caboose  Cars 

Equipment  cost  10%   in  excess  of  bond  issue. 


Mobile  &  Ohio  R.R.  Co. 

Equipment  Trust  Series  "D" 


4% 


Dated  July  1,  1905 


Due  $33,000  S.A. 
to  July   1,  1915 
Issued  $675,000  Outstanding       $66,000 

*Int.  pay.  Jan.  and  July  1  at  G. 

Trustee,  G.  Form  C. 


Security: 

25  Locomotives 
550  Box  Cars 
Equipment   cost   $777,673.50.     Outstanding   notes 
represent  8%  of  original  cost. 


Mobile  &  Ohio  R.R.  Co. 

Equipment  Trust  Series  "E"    .     4^% 


Dated  March  1,  1906 


Issued  $916,000 
*Int.  pay.  Alar,  and  Sept. 
Trustee,  G. 


Due  $46,000  Sept.  1, 
1914,  $45,000  Mar. 
and  Sept.  1,  1915, 
$44,000  Alar.  1,  1916 

Outstanding     $134,000 

1  at  G. 

Form  C. 


Security  : 

10  Locomotives 
900  Box  Cars 
100  Furniture  Cars 
Equipment    cost    $1,046,000.      Outstanding    notes 
represent  12%  of  original  cost. 


72 


RAILWAY   EQUIPMENT  OBLIGATIONS 


Mobile  &  Ohio  R.R.  Co. 

Equipment  Trust  Series  "F"     .     4^% 

Security: 

6  Locomotives 

6  Steel  Passenger  Cars 

Dated  Mar.  1,  1912              Due  $23,000  each 

Mar.  1,  $22,000  each 
Sept.   1    to   Mar.    1, 
1922 

Issued  $450,000                      Outstanding     $338,000 

♦Int.  pay.  Mar.  and  Sept.  1  at  B. 

Trustee,  B.                               Form  C. 

4  Steel  Underframe  Mail  and  Baggage 

Cars 
1  Steel  Underframe  Express  Car 
334  Steel  Gondola  Cars 
50  Steel  Underframe   Automobile   Box 
Cars 
Equipment    cost    $500,651.      Outstanding    bonds 
represent  67%  of  original  cost. 

Mobile  &  Ohio  R.R.  Co. 

Equipment  Trust  Series  "G"       .     5% 

Security  : 

14  Locomotives 
522  Steel  Gondola  Cars 

Dated  Nov.  1,  1913               Due  $32,000  S.A. 

to  May  1,  1922 
$31,000  S.A. 
to  Nov.  1.  1923 

Issued  $637,000                      Outstanding     $573,000 

tint.  pay.  May  and  Nov.  1  at  B. 

Trustee.  B.                               Form  C. 

20  Steel  Underframe  Caboose  Cars 
Equipment  cost  $750,437.     Outstanding  notes  rep- 
resent 76%  of  original  cost. 

New  Orleans  Great  Northern  R.R.  Co. 
Equipment   Trust   Series   "A"     .     5% 

Security: 

300  Box  Cars 
200  Flat  Cars 

Dated  Feb.  1,  1909               Due  $25,000  S.A. 

to  Aug.  1.  1917, 
$50,000  Feb.  and 
Aug.   1,  1918 
Issued  $500,000                      Outstanding     $250,000 
*Int.  pay.  Feb.  and  Aug.  1  at  N.  Y.  T. 

Trustee,  N.Y.T.                       Form  C. 

65  Stock  Cars 
200  Gondola  Cars 

73 


RAILWAY   EQUIPMENT   OBLIGATIONS 


New  Orleans,  Texas  &  Mexico  R.R.  Co. 

Equipment  Notes  Series  "B" 


Dated  Sept.  15,  1911  Due  $56,000  S.A. 

to  Sept.   15,   1923 
Issued  $1,334,000  Outstanding  $1,008,000 

*Int.  pay.  Mar.  and  Sept.  15  at  E. 

Trustee,  G.  Form  C. 


Security: 

1,000  Steel  Underframe  Refrigerator  Cars 
250  Flat  Cars 

4  Gasolene  Electric  Motor  Cars 
Equipment    cost    $1,493,167.      Outstanding    notes 
represent  67%  of  original  cost. 


New  Orleans,  Texas  &  Mexico  R.R.  Co, 

Pullman  Co.  Equipment  Notes     . 


Dated  Feb.  1,  1907  Due  $4,770.78  Quar. 

to  Feb.  1,  1917 

Issued  $190,831.20  _      Outstanding  $42,937.02 

Int.  included  with  principal  pay.  at  Boatman's  B., 

St.  L. 

Trustee,  . 


Security  : 

12  Coaches 
4  Baggage  Cars 
4  Baggage  and  Mail  Cars 


New  York  Central  Lines. 
Equipment  Trust  of  1907 


Dated  Nov.  1,  1907  Due  $2,000,000  A. 

to  Nov.  1,  1922 
Issued  $30,000,000  Outstanding  $16,000,000 

tint.  pay.  May  and  Nov.  1  at  G. 

Trustee,  G.  Form  C,  r,  R. 


Security  : 

691  Locomotives 
153  Passenger  Cars 
16,425  Freight  Cars 
650  Service  Cars 
Equipment  cost  10%  in  excess  of  note  issue.   Out- 
standing notes  represent  48%  of  original  cost. 
Guaranteed    principal    and    interest    jointly    and 
severally  by  N.  Y.  C.  &  H.  R.  R.R.  Co.,  Lake 
Shore   &   Michigan    Southern   Ry.,    Michigan 
Central  R.R.,  C.  C.  C.  &  St.  Louis  Ry.  Co., 
Pittsburgh  &  Lake  Erie  R.R.  Co.,  and  Toledo 
&  Ohio  Central  Ry.  Co. 


74 


RAILWAY   EQUIPMENT   OBLIGATIONS 


New  York  Central  Lines 
Equipment  Trust  of  1910 


4^7o 


Dated  Jan.  1,  1910 


Due  $2,000,000  A. 
to  Jan.  1,  1925 
Issued  $30,000,000  Outstanding  $22,000,000 

tint.  pay.  Jan.  and  July  1  at  G. 

Trustee,  G.  Form  C,  r,  R. 


Security: 

425  Locomotives 
132  Passenger  Cars 
22,400  Freight  Cars 
250  Service  Cars 
Equipment  cost  10%  in  excess  of  note  issue.  Out- 
stnnding  notes  represent  67%  of  original  cost. 
Guaranteed    principal    and    interest    jointly    and 
severally  by  N.  Y.  C.  &  H.  R.  R.R.  Co.,  Lake 
Shore   &   Alichigan   Southern    Ry.,    Michigan 
Central  R.R.,  C.  C.  C.  &  St.  Louis  Ry.  Co., 
Pittsburgh  &  Lake  Erie  R.R.  Co.,  and  Toledo 
&  Ohio  Central  Ry.  Co. 


New  York  Central  Lines 
Equipment  Trust  of  1912 


4J^% 


Dated  Jan.  1,  1912 


Due  $1,000,000  A. 
to  Jan.   1,   1927 
Issued  $15,000,000  Outstanding  $13,000,000 

tint.  pay.  Jan.  and  July  1  at  G. 

Trustee,  G.  Form  C,  r,  R. 


Security  : 

118  Locomotives 
95  Passenger  Cars 
14,350  Freight  Cars 
150  Service  Cars 
Equipment  cost  10%  in  excess  of  note  issue.   Out- 
standing notes  represent  74%  of  original  cost. 
Guaranteed    principal    and    interest    jointly    and 
severally  by  N.  Y.  C.  &  H.  R.  R.R.  Co.,  Lake 
Shore   &   Michigan    Southern    Ry.,    Michigan 
Central  R.R.,  C.  C.  C.  &  St.  Louis  Ry.  Co., 
Pittsburgh  &  Lake  Erie  R.R.  Co.,  and  Toledo 
&  Ohio  Central  Ry.  Co. 


New  York  Central  Lines 
Equipment  Trust  of  1913 


.     4>4% 


Dated  Jan.  1.  1913 


Due  1/15  of  total 
outstanding  A.  to 
Jan.  1,  1928 
Authorized  $24,000,000 

Issued  $22,438,000  Outstanding  $21,602,000 

tint.  pay.  Jan.  and  July  1  at  G. 

Trustee,  G.  Form  C,  r,  R. 


Security: 

Tlie  Equipment  Trust  Agreement  provides  that 
the  amount  of  certificates  issued  shall  not  ex- 
ceed 90%  of  the  actual  cost  of  the  equipment. 

Guaranteed  principal  and  interest  jointly  and 
severally  by  N.  Y.  C.  &  H.  R.  R.R.  Co.,  Lake 
Shore  &  Michigan  Southern  Ry.,  Michigan 
Central  R.R.,  C.  C.  C.  &  St.  Louis  Ry.  Co.. 
Pittsburgh  &  Lake  Erie  R.R.  Co.,  and  Toledo 
&  Ohio  Central  Ry.  Co. 


75 


RAILWAY   EQUIPMENT   OBLIGATIONS 


New  York,  New  Haven  &  Hartford  R.R. 
Co. 

Equipment  Trust  Series  "A"       .     5% 

Security  : 

87  Steel  Passenger  Coaches 
28  Steel  Smoking  Coaches 
15  Steel  Postal  Cars 

Dated,  April  1,  1914             Due  $166,000  A. 

to  April  1,  1929 
Issued  $2,490,000                   Outstanding  $2,490,000 

tint.  pay.  Apr.  and  Oct.  1  at  F. 

Trustee,  F.                           Form  C,  r. 

17  Steel  Multiple  Unit  Cars 
26  Steel  Multiple  Unit  Trailer  Cars 
Equipment   cost   $3,002,399.      Outstanding   certifi- 
cates represent  83%   of  original  cost. 

New  York,  Ontario  &  Western  Ry.  Co. 

Equipment  Trust  Series  "A"     .     4>^% 

Security: 

14  Locomotives 
7  Passenger  Cars 

Dated  April  1,  1910              Due  $36,000  S.A. 

to  April  1,  1920 
Issued  $648,000                       Outstanding     396,000 
tint.  pay.  Apr.  and  Oct.  1  at  B. 

Trustee,  B.                               Form  C. 

500  Coal  Cars 

New  York,  Ontario  &  Western  Ry.  Co. 
Equipment  Trust  Series  "B"     .     4^4% 

Security  : 

350  Coal  Cars 
100  Gondola  Cars 

Dated  March  1,  1911             Due  $35,000  S.A. 

to  March  1,  1916 
Issued  $350,000                      Outstanding     $105,000 
tint.  pay.  Mar.  and  Sept.  1  at  B. 

Trustee,  B.                               Form  C. 

New  York,  Ontario  &  Western  Ry.  Co. 

Equipment  Trust  Series  "C"    .     4>^% 

Security: 

500  Steel  Coal  Cars 
300  Box  Cars 

Dated  March  1,  1913            Due  $30,000  S.A. 

to  March  1.  1928 
Issued  $900,000                     Outstanding     $810,000 
tint.  pay.  Mar.  and  Sept.  1  at  B. 

Trustee,  B.                               Form  C. 

50  Stock  Cars 
50  Refrigerator  Cars 
100  Flat  Cars 
Equipment    cost    $1,054,828.      Outstanding    notes 
represent  76%  of  original  cost. 

1(i 


RAILWAY   EQUIPMENT  OBLIGATIONS 


New    York,     Susquehanna    &     Western 
R.R.  Co. 
Equipment  Trust  Series  "A"     .     4>^% 


Dated  Aug.  1.  1911  Due  $40,000  S.A. 

to   Aug.    1,    1921 
Issued  $800,000  Outstanding     $560,000 

♦Int.  pay.  Feb.  and  Aug.  1  at  Com.  T.  Phila. 
Trustee,  Com.  T.  Phila.  Form  C,  r. 


Security  : 

1,000  Steel  Hopper  Cars 

Equipment    cost  $1,045,860.     Outstanding   certifi- 
cates represent  55%  of  original  cost. 


Norfolk  &  Western  R.R.-^ — 

Equipment   Trust   Series   "C"     .     4% 


Dated  April  3,  1905 


Due  $200,000  A. 
to  April   1,    1915 
Issued  $2,000,000  Outstanding     $200,000 

♦Int.  pay.   .Apr.   and   Oct.    1   at  Com.   Tr.,   Phila. 
Trustee,  Com.T.,  Phila.      Form  C,  r. 


Security: 

17  Freight  Locomotives 

2,000  Hopper  Cars 
Equipment    cost    $2,024,083.     Outstanding    notes 

represent  9%  of  original  cost. 


Norfolk  &  Western  R.R.  Co. 

Ecjuipment   IVust   Scries   "D" 


4% 


/o 


Dated  Nov.  3.  1905 


Due  $100,000  A. 
to  Nov.  1,  1915 
[ssued  $1,000,000  Outstanding     $100,000 

*Int.   pay.   Mar.   and   Nov.    1   at   Com.   T.,   Phila. 
Trustee,  Com.T.,  Phila.      Form  C,  r. 


Security  : 

9  Locomotives 

1,000  Drop  Bottom  Gondola  Cars 
Equipment    cost    $1,023,407.      Outstanding    notes 

represent  9%  of  original  cost. 


Norfolk  &  Western  R.R.  Co. 
Equipment  Trust  Series  "E" 


.     4% 


Dated  Dec.  4.  1905 


Due  $100,000  A. 
to  Dec.  1.  1915 
Issued  $1,000,000  Outstanding     $200,000 

^Int.  pay.  June  and  Dec.  1  at  Com.  T. 

Trustee,  Com.T.,  Phila.      Form  C,  r. 


Security: 

5  Locomotives 
500  Box  Cars 
300  Hopper  Cars 
175  Steel  Coke  Cars 
Equipment    cost    $1,027,055.      Outstanding    notes 
represent  19%  of  original  cost. 


77 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Norfolk  &  Western  R.R.  Co. 
Equipment  Trust  Series  "F" 


4% 


Dated  Feb.  3,  1906 


Due  $100,000  A. 
to  Feb.  1,  1916 
Issued  $1,000,000  Outstanding     $200,000 

*Int.  pay.  Feb.  and  Aug.  1  at  Com.  T. 

Trustee,  Com.T.,  Phila.      Form  C,  r. 


Security  : 

9  Locomotives 
500  Hopper  Cars 
325  Steel  Coke  Cars 
Equipment    cost    $1,053,661.      Outstanding    notes 
represent  19%  of  original  cost. 


Norfolk  &  Western  R.R.  Co. 

Equipment  Trust  Series  "G' 


4% 


Dated  May  3,  1906 


Due  $100,000  A. 
to  May  1,  1916 
Issued  $1,000,000  Outstanding     $200,000 

*Int.  pay.  May  and  Nov.  1  at  Com.  T. 

Trustee,  Com.T.,  Phila.      Form  C,  r. 


Norfolk  &  Western  R.R.  Co. 
Equipment  Trust  Series  "H" 


4% 


Dated  June  5,  1906 


Due  $100,000  A. 
to  June  1,   1916 
Issued  $1,000,000  Outstanding     $200,000 

*Int.  pay.  June  and  Dec.  1  at  Com.  T. 

Trustee,  Com.T.,  Phila.      Form  C,  r. 


Norfolk  &  Western  R.R.  Co. 

Equipment  Trust  Series  "]" 


.     4% 


Dated  July  5,  1906 


Due  $100,000  A. 
to  July  1,  1916 
Issued  $1,000,000  Outstanding     $200,000 

*Int.  pay.  Jan.  and  July  1  at  Com.  T. 

Trustee,  Com.T.,  Phila.      Form  C,  r. 


Security  : 

41  Locomotives 
390  Hopper  Cars 
Equipment    cost    $1,024,415.      Outstanding    notes 
represent  19%  of  original  cost. 


Security  : 

8  Locomotives 
300  Hopper  Cars 
600  Box  Cars 
Equipment    cost    $1,033,132.      Outstanding    notes 
represent  19%  of  original  cost. 


Security  : 

25  Locomotives 
300  Hopper  Cars 
400  Box  Cars 
Equipment    cost    $1,043,295.      Outstanding    notes 
represent  19%  of  original  cost. 


78 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Norfolk  &  Western  R.R.  Co. 
Equipment  Trust  Series  "K" 


4% 


Dated  Aug.  3,  1906 


Due  $100,000  A. 
to  Aug.  1,  1916 
Issued  $1,000,000  Outstanding     $200,000 

*Int.  pay.  Feb.  and  Aug.  1  at  Com.  T. 

Trustee,  Com.T.,  Phila.      Form  C,  r. 


Security: 

12  Locomotives 
895  Hopper  Cars 
Equipment    cost    $1,037,567.      Outstanding    notes 
represent  19%  of  original  cost. 


Norfolk  &  Western  R.R.  Co. 
Equipment  Trust  Series  "L" 


.     4% 


Dated  Dec.  3,  1906 


Due  $100,000  A. 
to  Dec.  1.  1916 
Issued  $1,000,000  Outstanding     $300,000 

*Int.  pay.  June  and  Dec.  1  at  Com.  T. 

Trustee,  Com.T.,  Phila.      Form  C,  r. 


Security  : 

30  Freight  Locomotives 
545  Hopper  Bottom  Gondola  Cars 
Equipment    cost    $1,027,914.      Outstanding    notes 
represent  29%  of  original  cost. 


Norfolk  &  Western  R.R.  Co. 
Equipment  Trust  Series  "M" 


Dated  March  4,  1907  Due  $100,000  A. 

to  March  1,  1917 
issued  $1,000,000  Outstanding     $300,000 

fint.  pay.  Mar.  and   Sept.  1  at  Com.  T. 

Trustee,  Com.T.,  Phila.      Form  C,  r. 


Security: 

3  Freight  Locomotives 
490  Hopper  Coal  Cars 
500  Drop  Bottom  Gondola  Cars 
Equipment    cost    $1,048,740.      Outstanding    notes 
represent  28%  of  original  cost. 


*Jorfolk  &  Western  R.R.  Co. 
Equipment  Trust  Series  "N"       .     4% 

Security  : 

500  Gondola  Cars 
500  Hopper  Cars 

)ated  April  4,  1907              Due  $100,000  A. 

to  April   1.  1917 
ssued  $1,000,000                   Outstanding     $300,000 
Int.  pay.  Apr.  and  Oct.  1  at  Com.  T. 

Trustee,  Com.T.,  Phila.      Form  C,  r. 

Equipment    cost    $1,047,075.      Outstanding    notes 
represent  28%  of  original  cost. 

79 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Norfolk  &  Western  R.R.  Co. 
Equipment  Trust  Series  "O" 


Dated  June  4,  1907 


Due  $100,000  A. 
to  June   1,   1917 
Issued  $1,000,000  Outstanding     $300,000 

*Int.  pay.  June  and  Dec.  1  at  Com.  T. 

Trustee,  Com.T.,  Phila.      Form  C,  r. 


Security: 

300  Stock  Cars 

300  Gondola  Cars 

430  Hopper  Cars 
Equipment    cost    $1,052,520.      Outstanding    notes 
represent  28%  of  original  cost. 


Norfolk  &  Western  R.R.  Co. 

Equipment  Trust  of  1914     .      .     4^^% 

Security  : 

80  Mallet  Freight  Locomotives 
11   Passenger  Locomotives 

Dated  Feb.  2,  1914              Due  $500,000  S.A. 

Feb.  1,  1915  to 
Aug.  1,   1924 
Issued  $10,000,000               Outstanding  $10,000,000 
tint.  pay.  Feb.  and  Aug.  1  at  Com.  T. 

Trustee,  Com.T.,  Phila.         Form  C. 

4,000  Steel  Hopper  Cars 
700  Steel  Gondola   Cars 
500  Steel  Box  Cars 
500  Steel  Stock   Cars 
250  Steel  Flat  Cars 
35  Steel  Passenger  Cars 

5  Steel  Dining  Cars 
29  Steel  Miscellaneous   Cars 
Equipment  cost  not  less  than  $10,750,000. 

Pennsylvania  R.R.  Co. 

Pa.  Steel   Rolling-  Stock  Trust 

Series  "H" 4% 

Security  : 

500  Steel  Underframe  Refrigerator  Cars 
Outstanding  notes  represent  10%  of  original  cost. 

Dated  May  1,  1905              Due  $100,000 

May   1,   1915 
Issued  $1,000,000                    Outstanding     $100,000 
Int.  pay.  Quar.  Feb.  1  at  Com.  T.,  Phila. 
Trustee,  Com.T.,  Phila.          Form  R. 

80 


RAILWAY    EQUIPMENT   OBLIGATIONS 


Pennsylvania  R.R.  Co. 

Pa.    Steel    Freight    Car    Trust 
Series  "B"  to   "G"        .      .      . 


4% 


Dated  Sept.  1.  1905 


Due  $100,000  of  each 
series  A.  to  Sept.  1, 
1915 
Issued  $6,000,000  Outstanding     $600,000 

Int.  pay.  Quar.  Mar.  1  at  Com.  T..  Phila. 
Trustee,  Com.T.,  Phila.         Form  R. 


Security  : 

4,089  Freight  Cars 
Outstanding  notes  represent  10%  of  original  cost. 


Pennsylvania  R.R.  Co. 

Pa.    Steel    Freight    Car    Trust 
Series  "H",  "I"  &  "K"     .      . 


4% 


Dated  June  1,  1906  Due  $100,000  of  each 

scries  A.  to  June  1, 
1916 
Issued  $3,000,000  Outstanding     $600,000 

Int.  pay.  Quar.  Mar.  1  at  Com.  T..  Phila. 
Trustee,  Com.T.,  Phila.         Form  R. 


Security: 

1,004  Steel  Underframe  Box  Cars 
670  Steel  Gondola   Cars 
Outstanding  notes  represent  20%  of  original  cost. 
Not  in  the  hands  of  the  public. 


Pennsylvania  R.R.  Co. 

Pa.    Steel    Ecjuip.    Imp.    Trust 
Series  "A",  "B",  "G",  "H",  "I" 

&  "K" sy2% 


Dated  Jan.  1,  1906  Due  $100,000  of  each 

series  A.  to  June  1, 
1916 
Issued  $6,000,000  Outstanding  $1,200,000 

Int.  pay.  Quar.  Jan.  1  at  Com.  T.,  Phila. 
Trustee,  Com.T.,  Phila.         Form  R. 


Security  : 

25  Steel  Underframe  Box  Cars 
3,908  Steel  Gondola  Cars 
Outstanding  notes  represent  20%  of  original  cost. 
Not  in  the  hands  of  the  public. 


81 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Pennsylvania  R.R.  Co. 

Pa.  Gen.  Freight  Equip.  Trust 
Issue  of  1906,  Series  "A"  to 
"Y" 4% 

Security  : 

4,998  Steel  Underframe  Box  Cars 

996  Steel  Underframe  Refrigerator  Cars 
10,060  Steel  Gondola  Cars 
Outstanding  notes  represent  19%  of  original  cost. 

Dated  Feb.,  May,  Aug.        Due  $100,000  of  each 
and  Nov.  1,  1906                   series  A.  Feb.,  May, 

Aug.  and  Nov.  1  to 
1916 
Issued  $26,000,000                 Outstanding  $5,000,000 
Int.  pay.  Quar.  Feb.  1  at  Fid.  T.,  Phila. 

Pennsylvania  R.R.  Co. 

Pa.  Gen.  Freight  Equip.  Trust, 
Issue  of  1907,  Series  "A"  to 
"I"         4% 

Security: 

412  Steel  Underframe  Box  Cars 
6,856  Steel  Gondola  Cars 
Outstanding  notes  represent  30%  of  original  cost. 

Dated  May,  Aug.                   Due  $100,000  of  each 
and  Nov.  1,  1907                   series  A.  May,  Aug. 

and  Nov.  1  to  1917 
Issued  $9,000,000                   Outstanding  $2,700,000 
Int.  pay.  Quar.  Feb.  1  at  Fid.  T.,  Phila. 

Trustee,  Fid.T.,  Phila.           Form  R. 

Pennsylvania  R.R.  Co. 

Pa.  Gen.  Freight  Equip.  Trust, 
Issue  of  1910,  Series  "A"  to 
"K" 4% 

Security  : 

10,159  Freight  Cars 
Outstanding  notes  represent  60%  of  original  cost. 

Dated  May  2,  1910               Due  $100,000  of  each 

series  A.  to  May  1, 
1920 
Issued  $11,000,000                 Outstanding  $6,600,000 
Int.  pay.  Quar.  Feb.  1  at  Fid.  T.,  Phila. 

Trustee,  Fid.T.,  Phila.           Form  R. 

82 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Pennsylvania  R.R.  Co. 

Pa.  Gen.  Freight  Equip.  Trust, 
Issue  of  1912.     Series  "A"  to 
"G" 4% 

Security  : 

875  Steel  Refrigerator  Cars 
1.000  Steel  Automobile   Cars 
3,000  Steel  Gondola    Cars 

50  Steel  Underframe  Gondola  Cars 
800  Steel  Underframe  Bo.x  Cars 
Outstanding  notes  represent  80%  of  original  cost. 

Dated  June  1.  1912               Due  $100,000  of  each 

scries  A.  to  June  1, 
1922 
Issued  $7,000,000                   Outstanding  $5,600,000 
Int.  pay.  Quar.  Mar.  1  at  Fid.  T.,  Phila. 
Trustee.  Fid.T.,  Phila.            Form  R. 

Pennsylvania  R.R.  Co. 

Pa.  Gen.   Freight  Equip.  Trust, 
Issue  of  1913 43/^% 

Security  : 

4,500  Box  Cars 
7,500  Gondola  Cars 
1,500  Coke  Cars 

Dated  .April  1,  1913            Due  $1,970,000  A. 

to  April  1,  1923 
Issued  $19,700,000               Outstanding  $17,730,000 
Int.  pay.  Quar.  Jan.  1  at  Fid.  T.,  Phila. 

Trustee,  Fid.T.,  Phila.           Form  R. 

1,000  Automobile  Cars 
500  Refrigerator  Cars 
Outstanding  notes  represent  90%  of  original  cost. 

Pare  Marquette  R.R.  Co. 

Amer.  Loco.  Co.  Notes  Series  "A"   5^ 

Security  : 

12  Locomotives 
Equipment  cost  $167,940. 

Dated  Jan.  3,  1910               Due  Jan.  3.  1913 
Issued  $125,955                      Outstanding       $22,500 
Int.  pay.  Quar.  Jan.  1 

Trustee.  Am.Loco.Co.,  N.Y.          Form  C. 

Pere  Marquette  R.R.  Co. 

Amer.  Loco.  Co.  Notes  Series  "B"    5% 

Security: 

15  Locomotives 
Equipment  cost  $237,275. 

Dated  July  1.  1910                Due  July  1.  1913 
Issued  $177,956                      Outstanding       $30,000 
Int.  pay.  Quar.  Jan.  1. 

Trustee,  Am.Loco.Co.,  N.Y.         Form  C. 

83 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Pere  Marquette  R.R.  Co. 

Equipment  Notes 


4^% 


Dated  Oct.  1,  1904 


Due  $76,000 
Oct.  1,  1914 
Issued  $1,520,000  Outstanding     $456,000 

*Int.  pay.  Apr.  and  Oct.  1  at  Robt.  Winthrop  & 

Co.,  N.  Y. 
Trustee,  Robt.  Winthrop  &  Co.,  N.  Y.    Form  C. 


Pere  Marquette  R.R.  Co. 

Cin.  Ham.  &  Day,  Ry. 

Kleybolte  Equipment 


4>4% 


Dated  April  1,  1905  Due  $34,371.77  S.A. 

to  April  1,  1916 
Issued  $764,269  Outstanding  $171,858.85 

*Int.  pay.  Apr.  and  Oct.  1. 

Trustee,  C.  Form  C. 


Pere  Marquette  R.R.  Co. 
Equipment  Notes     . 


6% 


Dated  Aug.  1,  1908 


Due  $40,000  S.A. 
to  April  1,  1914 
Issued  $489,646.16  Outstanding     $200,000 

*Int.  pay.  Apr.  and  Oct.  1  at  B. 

Trustee,  B.  Form  C. 


Security: 

20  Locomotives 
1,250  Box  Cars 
100  Coal  Cars 
1,000  Gondola  Cars 

Equipment  cost  $1,977,266,  of  which  23%  was  paid 
by  the  company. 

$228,000  of  outstanding  amount  purchased  by 
Receivers  from  proceeds  of  Receivers'  Cer- 
tificates. 


Security  : 

15  Locomotives 
1  Postal  Car 
7  Mail  Cars 
5  Baggage  Cars 
20  Coaches 

5  Parlor  Cars 
150  Coal  Cars 
3  Cafe   Cars 
15  Caboose  Cars 
Notes  issued  for  total  cost. 


Security  : 

750  Gondola  Cars 

Equipment  cost  $606,532.50,  of  which  19%  was 
paid  by  the  company. 

$100,000  of  outstanding  amount  purchased  by 
Receivers  from  proceeds  of  Receivers'  Cer- 
tificates. 


84 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Pere  Marquette  R.R.  Co. 

Equipment  Notes  Series  "C" 


Dated  June  15,  1910  Due  guar,  to  June 

15,  1915 
Issued  $232,752  Outstanding  $100,088.90 

Int.  pay.  Quar.  Mar.  1  at  Pullman  Co.,  Chicago. 
Trustee,  Pullman  Co.,  Chic.       Form 


Security  : 

20  Coaches 
8  Baggage  Cars 
2  Baggage  and   Mail  Cars 
Equipment  cost  $290,940,  of  which  20%  was  paid 
by  the  company. 


Pere  Marquette  R.R.  Co. 

Pullman  Equipment  Series  "A' 
and  "B"      


5% 


Dated  April  1,  1911  Due  $132,000  S.A. 

to  April  1,  1919 
Issued  $2,112,000  Outstanding  $1,980,000 

♦Int.  pay.  Apr.  and  Oct.  1  at  J.  P.  Morgan  &  Co., 
N.  Y. 
Trustee,  B.  Form  C. 


Security  : 

4,000  Box  Cars 

Equipment  cost  $3,661,200,  of  which  42%  was 
paid  by  the  company. 

$396,000  of  outstanding  amount  purchased  by 
Receivers  from  proceeds  of  Receivers'  Cer- 
tificates. 


Pere  Marquette  R.R.  Co, 

Equipment  Notes     . 


Dated  June  1,  1911  Due  $44,000  S.A. 

to  June  1,  1921 
Issued  $870,000  Outstanding     $748,000 

*Int.  pay.  June  and  Dec.  1  at  B. 

Trustee,  B.  Form  C. 


Security  : 

50  Locomotives 
12  Coaches 

2  Baggage  and  Mail  Cars 
Equipment   cost   $1,023,913,    of    which    15%    was 
paid  by  the  company. 


Pittsburgh  &  Shawmut  R.R.  Co. 
Equipment  Trust  Certificates 


5% 


Dated  Nov.  1,  1912 


Due  $10,000  S.A. 
to  Nov.  1,  1922 
Issued  $200,000  Outstanding     $150,000 

*Int.  pay.  May  and  Nov.  1  at  Col. 

Trustee,  Col.  Form  C. 


Security  : 

250  Coal  Cars 
Equipment    cost    $241,250.      Outstanding    certifi- 
cates represent  62%  of  original  cost. 


85 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Pittsburgh,  Shawmut  &   Northern  R.R. 
Co. 

Equipment  Notes  (Receivers)       .     5% 


Dated  Dec.  1,  1910  Due  $11,000  S.A. 

to  Dec.  1,  1920 
Issued  $220,000  Outstanding     $143,000 

*Int.  pay.  June  and  Dec.  1. 

Trustee,  .  Form  C. 


Security  : 

250  Steel  Hopper  Cars 
Equipment    cost    $270,400.        Outstanding    notes 
represent  53%    of   original   cost. 


Rutland  R.R. 

Equipment  Bonds 


45^% 


Dated  May  1,  1901 


Due  $33,000  A. 
to  May  1,  1916 
Issued  $495,000  Outstanding       $49,000 

*Int.  pay.  May  and  Nov.  1. 

Trustee,  G.  Form  C. 


Security  : 

600  Box   Cars 

250  Coal  Cars 
Equipment    cost    $571,422.        Outstanding    bonds 
represent  8%  of  original  cost. 


Rutland  R.R. 

Equipment  Trust 


4^% 


Dated  April  1,  1902 


Due  $100,000  A. 
to  Oct.  1,  1917 
Issued  $1,000,000  Outstanding     $229,000 

*Int.  pay.  Apr.  and  Oct.  1. 

Trustee,  Am.T.,  Bos.        Form  C,  R. 


Security  : 

34  Locomotives 

35  Passenger  Cars 
705  Freight  Cars 

10  Service  Cars 


86 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Rutland  R.R. 

Equipment  Trust  of  1912 


4>4% 


Dated  May  1.  1912 


Due  $34,000  A. 
to  May  1,  1927 
Issued  $500,000  Outstanding     $442,000 

tint.  pay.  May  and  Nov.  1  at  G. 

Trustee,  G.  Form  C,  r. 


Security: 

500  Steel  Freight  Cars 

4  Steel   Passenger   Cars 

6  Passenger  Locomotives 
Certificates  issued  for  90%  of  cost  of  equipment. 


Rutland  R.R. 

Equipment  Trust  of  1913 


454% 


Dated  April  1.  1913 


Due  1/15  A.  to  April 
1,  1928 
Authorized  $495,000 

Issued  $210,000  Outstanding     $196,000 

tint.  pay.  Apr.  and  Oct.  1  at  G. 

Trustee,  G.  Form  C,  r. 


Security: 

1  Mail  and  Baggage  Car 

2  Baggage  Cars 

3  Smoking  Cars 
3  Coaches 

7  Locomotives 
Notes  issued  for  not  over  90%  of  actual  cost  of 
equipment. 


St.  Louis  &  San  Francisco  R.R.  Co. 

Equipment  Notes  Series  "G"    .     4^/2% 


Dated  April  1.  1906 


Due  $154,000  S.A. 
to  April  1,   1916 

Issued  3,080.000  Outstanding     $462,000 

♦Int.  pay.  Apr.  and  Oct.  1  at  Blair  &  Co..  N.  Y. 

Trustee,  B.  Form  C 


Security: 

45  Locomotives 
3,050  Freight  Cars 
5  Postal  Cars 
Equipment  cost  $3,567,202. 

$1,848,000   redeemed  and   pledged   under   General 
Lien  Mortgage,  June  30,  1914. 


87 


RAILWAY   EQUIPMENT  OBLIGATIONS 


St.  Louis  &  San  Francisco  R.R.  Co. 

Equipment  Notes  Series  "I"       .     5% 

Security  : 

2,000  Box  Cars 
500  Stock  Cars 

Dated  Feb.  1.  1907               Due  S.A.  to  Jan.  1, 

1917;  $166,000  July 
1,  1914.     Each  year's 
instalment  $1,000 
less  than  preceding 
year. 
Issued  $3,357,000                   Outstanding     $818,000 
*Int.  pay.  Jan.  and  July  1  at  F.  T.  &  S.,  Chic. 
Trustee,  F.T.&S.,  Chic.           Form  C. 

250  Flat  Cars 

500  Furniture  Cars 

50  Caboose  Cars 

Equipment  cost  $3,732,074.18.      Outstanding  notes 

represent  21%  of  original  cost. 

$1,867,000  redeemed   and   pledged   under  General 
Mortgage,  June  30,  1914. 

St.  Louis  &  San  Francisco  R.R.  Co. 
Equipment  Notes  Series  "]"       .     5% 

Security  : 

10  Chair  Cars 
6  Passenger  and  Mail  Cars 

Dated  Sept.  20,  1906            Due  $5,006.02  Quar. 

to  Sept.  20,  1916 
Issued  $200,240.80                 Outstanding  $45,054.18 
Int.   pay.   Quar.    Mar.  20   at   Boatman's   Bk.,   St. 
Louis 
Trustee, .                       Form  C. 

$120,144.48  redeemed  and  pledged  under  General 
Mortgage,  June  30,  1914. 

St.  Louis  &  San  Francisco  R.R.  Co. 

Equipment  Notes  Series  "K"     .     5% 

Security  : 

250  Gondola  Cars 
150  Ballast  Cars 

Dated  March  1,  1907            Due  $18,000  S.A. 

to  March  1,  1917. 
Amounts  of  instal- 
ments slightly  ir- 
regular. 

Issued  $359,000                      Outstanding       $87,000 

*Int.  pay.  Mar.  and  Sept.  1  at  B. 

Trustee,   St.L.U.T.                   Form  C. 

Equipment    cost    $408,642.17.      Outstanding   notes 

represent  21%  of  original  cost. 
$218,000    redeemed    and    pledged    under    General 

Mortgage,  June  30,  1914. 

88 


I 


RAILWAY   EQUIPMENT   OBLIGATIONS 


St.  Louis  &  San  Francisco  R.R.  Co. 

Security: 

Efiuipment    Notes   Series   "L"     .     5% 

3,000  Steel  Undcrframc  Bo.x  Cars 
1,000  Steel  Underframe  Coal  Cars 

Dated  Aug.  1,  1907               Due  S..\.  to  .-\ug.  1. 

1917;  $251,000 
Aug.   1,   1914.     Each 

500  Steel  Underframe  Stock  Cars 
Equipment  cost  $5,614,556.06.     Outstanding  notes 
represent  26%  of  original  cost. 

instalment  less. 

Issued  $5,074,000                   Outstanding  $1,481,000 

♦Int.  pay.  Feb.  and  Aug.  1  at  B. 

Trustee,  St.L.U.T.                  Form  C. 

St.  Louis  &  San  Francisco  R.R.  Co. 
Equipment  Notes  Series  "M" 


Dated  Nov.  15,  1907 

Issued  $1,057,452 
Int.  pay.  Quar.  Feb. 

Trustee, 


Due  $26,436.30  Quar. 

to  Nov.   15,   1917 

Outstanding  .$317,235.60 
15  at  Merch,  L.  &  T.,  Chic. 

Form  C. 


Security: 

25  Baggage  Cars 

6  Mail  and  Baggage  Cars 
37  Coaches 
15  Chair  Cars 

4  Cafe  Observation  Cars 


St.  Louis  &  San  Francisco  R.R.  Co. 
Equipment  Notes  Series  "N"       .     5% 


Dated  July  1.  1909  Due  $65,000  S.A. 

I  to  Jan.  1,  1916, 

I  $64,000  July    1,   1916 

ssued  $909,000  Outstanding     $259,000 

Int.  pay.  Jan.  and  July  1  at  C. 

Trustee,  C.  Form  C. 


Security: 

15  Locomotives 
3  Passenger  and  Mail  Cars 

6  Mail  and   Baggage  Cars 

7  Baggage  Cars 
12  Passenger  Cars 

6  Dining  Cars 
6  Chair  Cars 
250  Oil  Tank  Cars 


RAILWAY   EQUIPMENT   OBLIGATIONS 


St.  Louis  &  San  Francisco  R.R. 
Gold  Certificates  Series  "O" 


Co. 


6% 


Dated  Jan.  IS,  1908 


Due  $33,000  S.A. 
to  Jan.  IS,  1918 
Issued  $669,000  Outstanding     $231,000 

*Int.  pay.  Jan.  and  July  1  at  Prov.  L.  &  T.,  Phila. 
Trustee,  Prov.L.&T.,  Phila.    Form  C. 


Security  : 

4S  Locomotives 
Equipment  cost  $743,690.     Outstanding  certificates' 
represent  31%  of  original  cost. 


St.  Louis  &  San  Francisco  R.R. 
Equipment  Notes  Series  "P" 


Co. 


Dated  Oct.  1,  190^ 


Issued  $2,650,000 
*Int.  pay.  Apr.  and  Oct.  1  at  B 
Trustee,  B. 


Due  $132,000  each 
Apr.  1,  $133,000  each 
Oct.  1  to  Oct.  1,  1919 

Outstanding  $1,325,000 


Form  C. 


Security  : 

35  Locomotives 
1,000  Steel  Coal  Cars 

5  Steel  Coach  and  Cafe  Cars 
10  Steel  Coach  and  Baggage  Cars 
3  Steel  Coach  and  Mail  Cars 
3  Steel   Baggage  and   Mail   Cars 
10  Steel  Coaches 
3  Brown  Hoists 
3  Wrecking  Cranes 
500  Hopper  Cars 
250  Flat   Cars 
150  Caboose  Cars 
Equipment    cost    $2,951,820.      Outstanding    notes 
represent  44%  of  original  cost. 


St.  Louis  &  San  Francisco  R.R.  Co. 

Equipment  Notes  Series  "Q"       .     5% 


Dated  Aug.  1,  1910  Due  $72,000  each 

Feb.  1,  $73,000  each 
Aug.  1  to  Aug.  1, 
1920 

Issued  $1,450,000  Outstanding     $870,000 

*Int.  pay.  Feb.  and  Aug.  1  at  C. 

Trustee,  C.  Form  C. 


Security  : 

53  Locomotives 
11  Passenger  Train  Cars 
6  Motor  Cars 
250  Steel  Underframe  Box  Cars 
Equipment  cost  $1,617,034.96.     Outstanding  note?" 
represent  53%  of  original  cost. 


90 


RAILWAY   EQUIPMENT   OBLIGATIONS 


It.  Louis  &  San  Francisco  R.R.  Co. 

Equipment  Notes  Series  "R"       .     5% 


)ated  Dec.  1,  1910  Due  $5,000  S.A. 

to   Dec.   1,   1920 
ssued  $100,000  Outstanding       $55,000 

Int.  pay.  June  and  Dec.  1  at  U.  S.  Exp.  Co.,  N.  Y. 
Trustee,   U.S.E.xp.  Form  C. 


Security: 

25  Refrigerator   Cars 
Equipment    cost   $107,525.50.      Outstanding   notes 
represent  5\%  of  original  cost. 


It.  Louis  &  San  Francisco  R.R.  Co. 

Equipment  Xotes  Series  "S" 


)ated  Oct.  1,  1911 


Due  $74,000  S.A. 
to   Oct.    1,    1923 
ssued  $1,776,000  Outstanding  $1,332,000 

Int.  pay.  Apr.  and  Oct.  1  at  K 

Trustee,  G.  Form  C. 


it.  Louis  &  San  Francisco  R.R.  Co. 
'Frisco  Construction  Co.  Equip. 
"A"         


'ated  Sept.  1,  1912  Due  various  S.A. 

to  Sept.   1,  1917 
isued  $2,762,000  Outstanding  $2,252,000 

It.  pay.  Mar    and  Sept.  1   at  Col. 

Trustee.    Col.  Form    C. 


Security  : 

32  Locomotives 
500  Steel  Underframe  Refrigerator  Cars 
15  Steel  Coaches 
10  Steel  Chair  Cars 

30  Steel  Mail,  Dining  and  Miscellaneous 
Cars 
Equipment    cost    $1,968,834.      Outstanding    notes 
represent  67%  of  original  cost. 


Security  : 

1,800  Steel  Underframe  Gondola  Cars 
1,000  Steel  Underframe  Bo.x  Cars 
200  Steel  Underframe  Ballast  Cars 

Equipment  cost  $3,068,914.90.     Outstanding  notes 
represent  737o  of  original  cost. 


91 


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'AJ 


RAILWAY   EQUIPMENT  OBLIGATIONS 


St.    Louis,    Iron   Mountain   &    Southern 
Ry.  Co. 

Equipment  Notes  Series  "2"       .     5% 

Security  : 

11  Locomotives 
21  Passenger  Cars 
500  Flat  Cars 

900  Stock  Cars                                                \ 

2,000  Gondola  Cars                                          i 

Equipment  cost  $3,235,735.85.    Callable  as  a  who 

at  par.     Outstanding  notes  represent  62%  t 

original  cost. 

Dated  Nov.  1,  1911               Due  $145,000  S.A. 

to  Nov.  1,   1921 
Issued  $2,900,000                   Outstanding  $2,030,000 
*Int.  pay.  May  and  Nov.  1  at  C. 

Trustee,  C.                               Form  C. 

St.  Louis,  Iron  Mountain  &  Pacific  Ry. 
Co. 

Equipment  Trust  Series  "3"       .     5% 

Security  : 

25  Locomotives 
Equipment   cost    $524,263.75.      Outstanding   not* 
represent  85%  of  original  cost. 

Dated  March  2,  1914            Due  $25,000  S.A. 

to    March   1,    1923, 
$22,000  Sept.  1,  1923 
Issued  $472,000                      Outstanding     $447,000 
tint.  pay.  Mar.  and  Sept.  1  at  Phila.  T.  S.  D.  &  I. 
Trustee,  Phila.T.S.D.&I.          Form  C,  r. 

St.  Louis  Southwestern  Ry.  Co. 

Ry.   Equipment  Trust        .      .      .     5% 

Security: 

31  Locomotives 
Equipment    cost    $409,155.        Outstanding    note 
represent  41%  of  original  cost. 

Dated  April  1,  1909             Due  $34,000  A. 

to  April  1,  1919 
Issued  $340,000                      Outstanding     $170,000 
*Int.  pay.  Apr.  and  Oct.  1  at  Pa.  Co.  I.  L.  &  G.  A. 
Trustee,  Pa.Co.I.L.&G.A.         Form  C,  r. 

94 


RAILWAY    EQUIPMENT   OBLIGATIONS 


St.  Louis  Southwestern  Ry.  Co. 
Equipment    Notes   Series   "A" 


5% 


Dated  April  1,  1910  Due  $46,000  A. 

to   April    1.    1920 
[ssued  $460,000  Outstanding     $276,000 

»Int.  pay.  Apr.  and  Oct.  1  at  U.  S.  M.  &  T. 
Trustee,  U.S.M.&T.  Form  C. 


Security  : 

16  Locomotives 
3  Parlor   Cars 
14  Passenger  Cars 
6  Chair  Cars 
Equipment    cost   $541,277.80.      Outstanding    notes 
represent  51%  of  original  cost. 


St.  Louis  Southwestern  Ry.  Co. 

Equipment  Notes  Scries  "C" 


Dated  June  1,  1913  Due  $33,000  S.A. 

to   Dec.    1,   1923 
Issued  $660,000  Outstanding     $594,000 

[nt.  pay.  June  and  Dec.  1  at  Phiia.  T.  S.  D.  &  I. 
Trustee,  Phila.T.S.D.&I.    Form  C,  r. 


Security: 

20  Locomotives 
200  Coal  Cars 

2  Steel  L^nderframe  Parlor  Cars 

3  Steel  Underframc  Dining  Cars 
Equipment     cost     $782,249.       Outstanding 

represent   75%    of  original   cost. 


notes 


5t.  Louis  Southwestern  Ry.  Co. 
Equipment   Notes  Series  "D"     .     5% 


Dated  Feb.  1,  1914  Due  $17,000  S.A. 

to   Feb.    1,   1924 
[ssued  $340,000  Outstanding     $323,000 

[Int.  pay.  Feb.  and  Aug.  1. 

Trustee,  U.S.T.,  N.Y.         Form  C.  r. 


Security  : 

205  Steel  Service  Cars 
8  Gas   Electric   Motor  Cars 
Equipment    cost    $400,000.        Outstanding    notes 

represent  80%  of  original  cost. 
Callable   at  par. 


5t.  Louis  Southwestern  Ry.  Co. 
Equipment  Notes  Series  "E" 


5% 


)ated  Apr.  1,  1914 


Due  $85,000  S.A. 
to  April  1.  1924 
ssued  $1,700,000  Outstanding  $1,615,000 

Int.  pay.  Apr.  and  Oct.  1 

Trustee,  G.  Form  C,  r. 


Security  : 

1,500  Steel  Underframe  Box    Cars 
400  Steel  Underframc  Flat  Cars 
100  Steel    Underframe    and    Steel 
Service    Cars 
Equipment   cost  $1,900,000. 
Callable   at   par. 


Frame 


95 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Seaboard  Air  Line  Ry.  Co. 

Equip.  Trust  (Old)   Series  "D"       5% 


Dated  Nov.  1,  1897 


Due  $15,000  A. 
to  Nov.   1,   1917 
Issued  $300,000  Outstanding       $45,000 

Int.  pay.  May  and  Nov.  1  at  M.  T.  &  D. 
Trustee,   M.T.&D.,   Bait.       Form  C. 


Security  : 

7  Locomotives 
350  Box   Cars 
150  Flat  Cars 
Equipment  cost  $300,000.    Outstanding  notes  rei 
resent  15%  of  original  cost. 


Seaboard  Air  Line  Ry.  Co. 

Equipment  Bonds  Series  "E" 


5% 


Dated  Apr.  1,  1905 


Due  $25,000  S.A. 
to  April  1,  1915 
Issued  $500,000  Outstanding       $25,000 

Int.  pay.  Apr.  and  Oct.  1  at  24  Broad  St.,  N.  Y. 
Trustee,  Blair  &  Co.,  N.  Y.  Form  C. 


Security  : 

10  Freight   Locomotives 
250  Gondola   Cars 
250  Hopper  Cars 
50  Stock   Cars 
10  Express   Cars 
Equipment  cost  $612,575.    Outstanding  bonds  rej 
resent  4%  of  original  cost. 


Seaboard  Air  Line  Ry.  Co. 

Equipment  Bonds  Series  "F" 


Dated  Dec.  1,  1905 


Due  $51,000  S.A. 
to   Dec.   1,    1915 
Issued  $1,020,000  Outstanding     $153,000 

Int.  pay.  June  and  Dec.  1  at  Blair  &  Co.,  N.  Y. 
Vendor,  Blair  &  Co.  Form  C. 


Security  : 

20  Locomotives 

500  Steel  Underframe  Ventilated  Box  Cai 

500  Steel  Underframe  Box    Cars 

2  Mail  and  Baggage   Cars 

8  Passenger   Cars 

5  Express  Cars 

Equipment    cost    $1,279,460.      Outstanding   bond 

represent  11%   of  original  cost.  i 


Seaboard  Air  Line  Ry.  Co. 

Equipment  Bonds  Series  "G" 


Dated  June  1,  1906 


Due  $88,000  S.A. 
to  June    1,    1916 
Issued  $1,760,000  Outstanding  $352,000 

*Int.  pay.  June  and  Dec.  1  at  N.  Y.  T. 
Trustee,  N.Y.T.  Form  C. 


Security  : 

40  Locomotives 
435  Box  Cars 
1,000  Gondola    Cars 
Equipment    cost    $2,106,750.      Outstanding    bond! 
represent  16%  of  original  cost. 


96 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Seaboard  Air  Line  Ry.  Co. 
Equipment  Bonds  Series  "H" 


Dated  Sept.  1.  1906  Due  $26,000  S.A. 

to   Sept.   1,   1916 
Issued  $520,000  Outstanding     $104,000 

*Int.  pay.  Mar.  and  Sept.  1  at  N.  Y.  T. 

Trustee,   N.Y.T.  Form  C. 


Security  : 

5  Locomotives 
10  Passenger  Cars 
5  Dining   Cars 
5  Express  Cars 
5  Mail    and    Baggage   Cars 
500  Flat  Cars 
Elquipment  cost  $625,770.     Outstanding  bonds  rep- 
resent 16%  of  original  cost. 


Seaboard  Air  Line  Ry.  Co. 
Equipment  Trust  Series  "I" 


.     5% 


Dated  Mav  16.  1907 


Due  $65,000  S.A. 
to   May    1,    1917 
Issued  $1,300,000  Outstanding     $325,000 

♦Int.  pay.  May  and  Nov.  1  at  Prov.  L.  &  T. 
Trustee,  Prov.L.&T.,Phila.    Form  C,  r. 


Security  : 

10  Coaches 
500  Steel  Underframe  Gondola   Cars 
1,000  Steel  Underframe  Box  Cars 
SO  Ballast  Cars 
Equipment  cost  $1,719,502.50.     Outstanding  notes 
represent  18%  of  original  cost. 


Seaboard  Air  Line  Ry.  Co. 
Equipment  Notes  Scries  "J" 


.     5% 


Dated  June  1,  1907  Due  $45,000  S.A. 

to  June   1,    1917 
Issued  $900,000  Outstanding     $270,000 

*Int.  pay.  June  and  Dec.  1  at  N.  Y.  T. 

Trustee,  N.Y.T.  Form  C. 


Security  : 

1,000  Gondola  Cars 
Equipment    cost    $1,138,750.     Outstanding    notes 

represent  23%  of  original  cost. 


Seaboard  Air  Line  Ry,  Co. 
Equipment  Trust  Series  "K" 


5% 


Dated  July  1,  1907 


Due  $15,000  S.A. 
to   July    1,    1917 
Issued  $300,000  Outstanding       $90,000 

*Int.  pay.  Jan.  and  July  1  at  Phila.  T.  S.  D.  &  I. 
Trustee.  Phila.T.S.D.&I.    Form  C,  r. 


Security: 

25  Locomotives 
Equipment  cost  $393,000.     Outstanding  notes  rep- 
resent 22%  of  original  cost. 


97 


RAILWAY   EQUIPMENT  OBLIGATIONS 


Seaboard  Air  Line  Ry.  Co. 

Equipment  Trust  Series  "L" 


Dated  Dec.  15,  1909  Due  $69,000  S.A. 

to  Dec.  15,  1919 
Issued  $1,380,000  Outstanding     $828,000 

*Int.  pay.  June  and  Dec.  15  at  24  Broad  St.,  N.  Y. 
Trustee,  N.Y.T.  Form  C. 


Security  : 

20  Locomotives 
1,000  Ventilated   Box   Cars 
25  Stock  Cars 
5  Express  Cars 
4  Mail  and  Baggage  Cars 
3  Vestibule  Cars 
3  Passenger  and  Baggage  Cars 

1  Steam   Pile   Driver 

2  Steam  Wrecking  Cranes 
1  Unloader 

Equipment  cost  $1,564,209.55.    Outstanding  notes 
represent  52%  of  original  cost. 


Seaboard  Air  Line  Ry.  Co. 

Equipment  Trust  Series  "N" 


4>^% 


Dated  Sept.  6,  1911  Due  $75,000  S.A. 

to  Aug.  15,  1921 
Issued  $1,500,000  Outstanding  $1,050,000 

*Int.  pay.  Feb.  and  Aug.  15  at  Blair  &  Co.,  N.  Y. 
Trustee,   N.Y.T.  Form  C. 


Security  : 

25  Locomotives 
1,000  Box   Cars 
200  Steel  Phosphate  Cars 
30  Caboose   Cars 
3  Express   Cars 
3  Combination   Cars 
3  Postal  Cars 
Equipment  cost  $1,775,650.20.    Outstanding  notes 
represent  59%  of  original  cost. 


Seaboard  Air  Line  Ry.  Co. 

Equipment  Trust  Series  "O" 


4>^% 


Dated  July  15,  1912 


Due  $103,000  S.A. 
to  July  IS,  1922 
Issued  $2,060,000  Outstanding  $1,648,000 

*Int.  pay.  Jan.  and  July  15  at  24  Broad  St.,  N.  Y. 
Trustee,   B.  Form  C. 


Security  : 

26  Locomotives 
10  Steel  Passenger  Cars 
14  Steel  Combination  Cars 
6  Steel  Dining   Cars 
3  Steel  Express  Cars 
1,000  Steel  Box  Cars 
200  Steel  Coal  Cars 
25  Steel  Underframe  Caboose  Cars 
2  Wrecking  Cranes 
Equipment  cost  $2,300,581.42.    Outstanding  notes 
represent  71%  of  original  cost. 


98 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Seaboard  Air  Line  Ry.  Co. 

Equipment  Trust  Series  "P"       .     5% 


Dated  Aup.  15,  1913  Due  $95,000  S.A. 

to  Aup.  15.  1923 
Issued  $1,900,000  Outstanding  $1,710,000 

*Int.  pay.  Feb.  and  Aug.  15 

Trustee,   E.  Form   C. 


Security  : 

46  Locomotives 
500  Steel  Box    Cars 
250  Steel  Coal  Cars 
250  Steel  Underframe  Flat  Cars 
2  Steel  Express  Cars 
5  Steel  Dining   Cars 
10  Steel  Passenger  Cars 
Equipment  cost  $2,373,228.20.    Outstanding  notes 

represent  72%  of  original  cost. 
Callable   at   102J/4. 


Seaboard  Air  Line  Ry.  Co. 
Equipment  Trust  Series  "Q" 


Dated  July  1.  1914  Due    $72,000  S.A. 

to  July   1,   1924 

Issued  $1,440,000  CKitstanding  $1,440,000 

tint.  pay.  Jan.  and  July  1   at  Gir.,   Phila. 
Trustee,  Gir.. Phila.  Form  C,  r. 


Security  : 

29  Locomotives 
462  Box  Cars 
15  Steel  Passenger  Cars 
9  Passenger  and  Baggage  Cars 
5  Steel  Mail  and  Baggage  Cars 
7  Steel  Postal  Cars 
9  Steel  Express  Cars 
Equipment   will    cost   $1,600,043.81.     Outstanding 
certificates  represent  90%  of  original  cost. 


Somerset  Coal  Co. 

Equipment   Trust    of   1906 


5% 


Dated  Dec.  1,  1906 


Diie  $76,000  A. 
to    Dec.    1,    1918 
Issued  $916,000  Outstanding     $380,000 

Int.  pay.  June  and  Dec.  1  at  Fid.  T.  Bait. 
Trustee,  Fid.T.Balt.  Form  C,  r. 


Security: 

1.000  Steel  Underframe  Coal  Cars 
Equipment    cost    about    $1,076,000.     Outstanding 

notes  represent  35%  of  original  cost. 


99 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Southern  Pacific  Company. 
Equipment  Trust  Series  "A" 


^y2jo 


Dated  Nov.  1,  1905  Due  $140,000  S.A. 

to   Mar.   1,   1923 

Issued  $10,120,000  Outstanding  $8,968,000 

*Int.  pay.  Mar.  and  Sept.  1   at  company's  office, 

N.   Y. 

Trustee,  Com.T.Phila.        Form  C,  r. 


Security: 

3,181  Box  Cars 
961  Gondola  Cars 
700  Work   Cars 
850  Stock  Cars 
240  Flat  Cars 
200  Tank  Cars 
45  Caboose  Cars 
5  Gasolene    Motor    Cars 
84  Electric  Passenger  Cars 
25  Locomotive  Tenders 
114  Locomotives 
Equipment   cost   almost  $11,249,747. 
Callable  at  102^  after  Mar.  1,  1918. 


Southern  Pacific  Company. 
Equipment  Trust  Series  "B" 


41^% 


Dated  Sept.  2,  1913 


Due  $201,000  A. 
to   Sept.   1,   1923 
Issued  $2,010,000  Outstanding  $1,809,000 

*Int.  pay.  Mar.  and  Sept.  1   at  company's  office, 
N.  Y. 
Trustee,  Com.T.Phila.        Form  C,  r. 


Security: 

6  Steel  Combination   Cars 
13  Steel  Baggage   and   Mail   Cars 
34  Steel  Baggage   Cars 
(>2)  Steel  Coaches 
20  Steel  Chair  Cars 
6  Dining    Cars 

6  Steel  Buffet  Baggage  Cars 
20  Electric  Street  Cars 
10  Locomotive  Tenders 
ZIZ  Freight   Train   Cars 
Equipment  cost  about  $2,237,021. 


Southern  Ry.  Co. 

Equipment  Trust  Series  "E" 


4^% 


Dated  July  1,  1904 


Due  $147,000 
Dec.  1,  1914 
Issued  $2,955,000  Outstanding     $147,000 

*Int.  pay.  June  and  Dec.  1  at  Prov.  L.  &  T. 
Trustee,  Prov.L.&T.Phil.    Form  C,  r. 


Security: 

120  Locomotives 

1,000  Steel  Coal   Cars 

1,500  Freight   Cars 
Equipment     cost    $3,478,245.     Outstanding 

represent  3%  of  original  cost. 


notes 


100 


RAILWAY    EQUIPMENT   GBI  IGATIONS 


Southern  Ry.  Co. 

Equipment  Trust  Series  "H" 


4J^% 


Dated  Mar.  1.  1905 


Due  $225,000  S.A. 
to    May    1,    1915 
Issued  $4,500,000  Outstanding     $225,000 

*Int.  pay.   May  and  Nov.   1   at   Prov.  L.  &  T. 
Trustee,  Prov.L.&T.  Form  C,  r. 


Southern  Ry.  Co. 

Equipment  Trust  Series  "K" 


4% 


Dated  Nov.  1,  1905 


Due  $140,000  S.A. 
to   Nov.   1,   1915 
Issued  $2,800,000  Outstanding     $280,000 

*Int.  pay.   May  and  Nov.   1   at  Prov.  L.  &  T. 
Trustee,  Prov.L.&T. Phila.  Form  C,  r. 


Southern  Ry.  Co. 

Equipment  Trust  Series  "L' 


^y2jo 


Dated  Feb.  1.  1906 


Due  $300,000  S.A. 
to    Feb.    1,    1921 
Issued  $9,000,000  Outstanding  $3,900,000 

*Int.  pay.  Feb.  and  Aug.   1   at  Fid.  T. 

Trustee,  Fid.T. Phila.         Form   C,   r. 


Security  : 

79  Locomotives 

2.000  Steel   Under  frame   Coal    Cars 

3.000  Box   Cars 
Equipment     cost    $5,022,515.     Outstanding     notes 

represent  4%  of  original  cost. 


Security: 

98  Locomotives 
750  Steel  Flat   Cars 
750  Steel  Gondola   Cars 
300  Ballast   Cars 
6  Distributing  Cars 
Equipment    cost    $3,205,465.     Outstanding    notes 
represent  6%  of  original  cost. 


Security: 

100  Locomotives 

7,500  Box   Cars 

1.000  Steel  Coal    Cars 

1,500  Steel  Gondola   Cars 
Equipment    cost    $10,279,845.     Outstanding    notes 

represent  7>1%  of  original  cost. 


101 


"3 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Southern  Ry.  Co. 

Equipment  Trust  Series  "M"    .     4>4% 


Dated  June  1,  1909 

Issued  $1,400,000 
*Int.  pay.  June  and  Dec. 
Trustee,  Gir.Phil. 


Due  $70,000  S.A. 

to  June   1,   1919 
Outstanding     $700,000 
1  at  Gir.  Phil. 
Form  C,  r. 


Security: 

50  Locomotives 

6  Passenger   and   Baggage   Cars 

6  Express  and  Baggage  Cars 

6  Mail  and  Baggage  Cars 

6  Postal  Cars 
88  Passenger   Cars 

3  Chair  Cars 

4  Dining  Cars 

Equipment  cost  $1,850,152.85.     Outstanding  notes 
represent  Zl%   of  original  cost. 


Southern  Ry.  Co. 

Equipment  Trust  Scries 


'N' 


4>^% 


Dated  Apr.  1,  1910 


Due  $260,000  S.A. 
to   Apr.    1,   1920 
Issued  $5,200,000  Outstanding  $3,060,000 

■*Int.  pay.  Apr.  and  Oct.  1  at  Pa.  I.  L.  &  G.  A. 
Trustee,  Pa.I.L.&G.A.        Form  C,  r. 


Security: 

75  Locomotives 
3,620  Steel  Coal  and  Coke  Cars 
1,000  Steel  Underframe  Box    Cars 
150  Steel  Underframe  Stock   Cars 
10  Passenger  and  Baggage  Cars 
Equipment    cost    $6,532,535.    Outstanding 
represent  46%  of  original  cost. 


notes 


Southern  Ry.  Co. 

Equipment  Trust  Series  "O" 


43^% 


Dated  May  1,  1911  Due  $75,000  S.A. 

to    May    1,    1921 
Issued  $1,500,000  Outstanding     $975,000 

*Int.  pay.  May  and  Nov.  1  at  Pa.  I.  L.  &  G.  A. 
Trustee,  Pa.I.L.&G.A.         Form  C,  r. 


Security  : 

63  Locomotives 

69  Passenger  Train  Cars 
Equipment  cost  $1,836,884.69.     Outstanding  notes 
represent  52%  of  original  cost. 


102 


RAILWAY    EQUIPMENT    OBLIGATIONS 


Southern  Ry.  Co. 

Equipment  Trust  Series  "P"     .     4>4% 


Dated  Dec.  2.  1911  Due  $75,000  S.A. 

to   Dec.   1,   1921 
Issued  $1,500,000  Outstanding  $1,125,000 

*Int.  pay.  June  and  Dec.  1  at  Pa.  I.  L.  &  G.  A. 
Trustee,  Pa.I.L.&G.A.        Form  C,  r. 


Security  : 

1,700  Steel   Gondola  Cars 
500  Bo.x   Cars 
250  Steel  Flat  Cars 
Equipment     cost     $1,807,000.     Outstanding 
represent  62'/c   of  original  cost. 


notes 


Southern  Ry.  Co. 

Equipment  Trust  Series  "Q' 


4>^% 


Dated  June  1,  1912  Due  $75,000  S.A. 

to  June   1,   1922 
Issued  $1,500,000  Outstanding  $1,200,000 

Int.  pay.  Jvine  and   Dec.  1   at  Pa.  I.  L.  &  G.  A. 
Trustee,  Pa.I.L.&G.A.        Form  C,  r. 


Security  : 

45  locomotives 
36  Passenger  Train   Cars 
275  Ventilated  Box  Cars 
150  Automobile  Box  Cars 
100  Steel  Flat   Cars 
Equipment    cost    $1,808,130.     Outstanding 
represent  61%    of   original   cost. 


notes 


Southern  Ry.  Co. 

Equipment  Trust  Series  "R" 


5% 


Dated  Aug.  15,  1913 


Due  $88,000  S.A. 
to  Aug.  15.  1923 
Issued  $1,760,000  Outstanding  $1,584,000 

♦Int.  pay.  Feb.  and  Aug.  IS  at  Pa.  I.  L  &  G.  A. 
Trustee,  Pa.I.L.&G.A.        Form  C,  r. 


Security: 

25  Locomotives 
1,220  Steel  Gondola   Cars 
500  Steel  Coal   Cars 
150  Steel  Undcrframe   Stock  Cars 
Equipment     cost    $2,200,248.     Outstanding 
represent  72%  of  original  cost. 


notes 


103 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Southern  Ry.  Co. 

Equipment  Trust  Series  "S" 
Dated  April  1,  1914  Due  $215,000  S.A. 

to  April  1,  1924 
Issued  $4,300,000  Outstanding  $4,085,000 

Int.  Apr.  and  Oct.   1  at  P.I.L.&G.A. 

Trustee,    P.I.L.&G.A.  Form   C,    r. 


Security  : 

75  Locomotives 
3,250  Steel  Underframe  Box  Cars 
500  Steel  Flat   Cars 
100  Steel  Underframe  Stock  Cars 
25  Steel  Underframe  Poultry  Cars 
35  Passenger  Cars 
4  Dining  Cars 
15  Combination  Cars 
2  Cabooses 
2  Dynamometer  Cars 
Equipment  cost  $5,422,885.     Outstanding  amount 
represents  75%  of  original  cost. 


Texas  &  Pacific  Ry.  Co. 

Texas  &  Pacific  Equipment  Assoc. 
Series   "E" 5% 


Dated  Dec.  15,  1904  Due  $8,000 

Dec.    15,    1914 
Issued  $80,000  Outstanding         $8,000 

*Int.  pay.  quar.  Mar.    15 

Trustee,  B.  Form  R. 


Security  : 

7  Chair  Cars 

3  Passenger  Cars 

1  Mail  and  Baggage  Car 

1  Baggage  and  Express   Car 

2  Postal  Cars 
12  Stock   Cars 

Equipment  cost  $88,185.    Outstanding  notes  rep- 
resent 9%  of  original  cost. 


Texas  &  Pacific  Ry.  Co. 

Texas  &  Pacific  Equip.  Assoc. 
Series  "F" 


4>^% 


Dated  Dec.  15,  1905 

Issued  $150,000 
*Int.  pay.  quar.  Mar. 
Trustee,   B. 


15 


Due  $15,000  A. 

to  Dec.  15,  1915 
Outstanding       $30,000 

Form  R. 


Security  : 

3  Locomotives 

1  Postal  Car 

3  Passenger  Cars 

2  Baggage  Cars 

2  Mail  and  Coach  Cars 
50  Stock   Cars 
25  Coal  and  Ballast  Cars 
175  Coal  Cars 
Equipment    cost    $159,936.25.     Outstanding    notes 
represent  19%  of  original  cost. 


104 


KA11-.WAY     ±1    '       IPMJtl,INi     UOivlLi/^ilUINO 


Texas  &  Pacific  Ry.  Co. 

Texas    &    Pacific    Equip.    Assoc. 
Series  "G" 5% 


Dated  Dec.  15,  1906  Due  $25,000  A. 

to  Dec.  15,  1916 
Issued  $250,000  Outstanding       $75,000 

*Int.  pay.  quar.  Mar.  15 

Trustee,  B.  Form  R. 


Security  : 

12  Locomotives 
75  Coal  and  Ballast  Cars 
3  Baggage  and  Express  Cars 
1  Baggage  and  Mail  Car 
1  Postal  Car 
20  Caboose  Cars 
Equipment    cost    $271,696.35.    Outstanding    notes 
represent  27%  of  original  cost. 


Texas  &  Pacific  Ry.  Co. 

Texas  iS:  Pacific  Equip.  Assoc. 
Series   "H" 


5% 


Dated  Jan.  1,  1908 

Issued  $250,000 
*Int.  pay.  quar.  Jan.  1 
Trustee,  B. 


Due  $25,000  A. 

to  Jan.   1,   1918 
Outstanding     $100,000 

Form  R. 


Security  : 

11  Locomotives 
6  Passenger   Cars 
2  Postal  Cars 
2  Mail  and  Baggage  Cars 
1  Baggage  and   E.xpress   Car 
1  Coach  and  Baggage  Car 
50  Coal   and   Ballast   Cars 
41   Stock  Cars 
Equipment    cost    $254,598.60.    Outstanding    notes 
represent  39%  of  original  cost. 


Texas  &  Pacific  Ry.  Co. 

Texas    &.    Pacific    Equip.    Assoc. 
Series  "J" 5% 


Dated  Aug.  1.  1910 

Issued  $180,000 
*Int.  pay.   quar.    Feb.    1 
Trustee,  B. 


Due  $18,000  A. 

to   Aug.   1,   1920 
Outstanding     $108,000 

Form  R. 


Security  : 

300  Flat  Cars 
2  Steel   Postal  Cars 
Equipment  cost  $206,500.     Outstanding  notes  rep- 
resent 52%  of  original  cost. 


105 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Texas  &  Pacific  Ry.  Co. 

Equipment  Bonds  Series  "AA" 


5% 


Dated  June  1,  1907 

Issued  $3,100,000 
*Int.  pay.  June  and  Dec. 
Trustee,   T.G.&T. 


Due  $155,000  S.A. 
to  June    1,    1917 
Outstanding     $930,000 
1  at  Blair  &  Co.,  N.  Y. 
Form   C. 


Security  : 

40  Locomotives 
10  Passenger  Coaches 
3,000  Box   Cars 
Equipment    cost    $3,696,000.     Outstanding 
represent  25%  of  original  cost. 


notes 


Texas  &  Pacific  Ry.  Co. 

Equipment  Bonds  Series  "BB" 


Dated  June  1,  1912  Due  $60,000  A. 

to  June   1,   1922 
Issued  $600,000  Outstanding     $480,000 

*Int.  pay.  June  and  Dec.  1,  at  Blair  &  Co.,  N.  Y. 
Trustee,   E.  Form  C. 


Security  : 

20  Locomotives 
200  Steel  Gondola  Cars 
8  Chair  Cars 
7  Coaches 

1  Baggage  and  Mail  Car 
1  Private  Car 
Equipment    cost    $694,749.71.     Outstanding    notes 
represent  77%  of  original  cost. 


Toledo  &  Ohio  Central  Ry.  Co. 
Equipment  Notes  Series  "17" 


4% 


Dated  May  15,  1907 


Due  $28,000  S.A. 
to  May  15,  1917 
Issued  $560,000  Outstanding     $140,000 

*Int.  pay.  May  and  Nov.  1  at  Phil.  T.  S.  D.  &  I. 
Trustee,   Phil.T.S.D.&I.         Form  C. 


Security: 

650  Box  Cars 


Toledo  &  Ohio  Central  Ry.  Co. 
Equipment  Notes  Series  "19" 


4% 


Dated  Jan.  1,  1910 


Due  $60,000  S.A. 
to  Jan.  1,  1920 
Issued  $1,200,000  Outstanding     $660,000 

*Int.  pay.  Jan.  and  July  1  at  Prov.  L  &  T. 
Trustee,  Prov.L&T.Phil.      Form  C,  r. 


Security: 

500  Box  Cars 

1,000  Gondola  Cars 
Equipment    cost    $1,500,240.     Outstanding    notes 

represent  44%  of  original  cost. 


106 


RAILWAY    EQUIPMENT   OBLIGATIONS 


Toledo,  St.  Louis  &  Western  R.R.  Co. 


Car  Trust 


4/2% 


Dated  Sept.  1,  1906 


Due  $50,000  S.A. 
to   Sept.   1,   1916 
Issued  $1,000,000  Outstanding     $200,000 

*Int.  pay.  Mar.  &  Sept.  1  at  Pa.  I.  L.  &  G.  A. 
Trustee,  Pa.I.L.&G.A.        Form  C,  r. 


Security  : 

750  Box   Cars 

500  Gondola  Cars 
Equipment     cost    $1,183,000.     Outstanding     notes 
represent  16%  of  original  cost. 


Toronto,  Hamilton  &  Buffalo  Ry.  Co. 
Equipment  Notes  Series  "A"    .     43^% 


Dated  Feb.  1,  1913  Due  $75,000  S.A. 

to    Feb.    1.    1923 
Issued  $1,500,000  Outstanding  $1,275,000 

Int.  pay.  Feb.  and  Aug.  1. 

Tntstee,  C.  Form  C. 


Security: 

4  Locomotives 
1,000  Box  Cars 
150  Flat   Cars 
50  Ballast  Cars 
150  Steel  Coal  Cars 
Notes  issued  to  90%  of  cash  cost  of  equipment. 


Trinity  &  Brazos  Valley  Ry.  Co. 

Equipment  Trust  Series  "A" 


5% 


Dated  Apr.  1,  1907 

Issued  $500,000 
*Int.  pay.  Apr.  and  Oct. 
Trustee,  G. 


Due  $25,000  S.A. 

to   Apr.   1,    1917 
Outstanding     $125,000 
1  at  G 

Form  C,   r. 


Security  : 

22  Locomotives 
175  Flat  Cars 
50  Gondola   Cars 
8  Caboose  Cars 
Equipment    cost    $617,097.40.     Outstanding    notes 

represent  20%  of  original  cost. 
Guaranteed  principal  and  interest  jointly  by  Rock 

Island  and  the  Colorado  Southern. 
Redeemable  at  101. 


Virginia  &  Southwestern  Ry.  Co. 

E(]aipment  Bonds  Series  "E"    .     4J^% 


Dated  Nov.  1,  1911  Due  $25,000  S.A. 

to   Nov.   1,   1921 
Issued  $500,000  Outstanding     $350,000 

Int.  pay.  Mar  and  Nov.  1  at  B 

Trustee,    B.  Form    C. 


Security: 

7  Mikado  Type  Locomotives 
600  Steel  Gondola   Cars 
65  Steel  Underframe  Box  Cars 
Equipment  cost  $640,850.    Outstanding  bonds  rep- 
resent 54%  of  original  cost. 


107 


RAILWAY   EQUIPMENT   OBLIGATIONS 


Virginia  &  Southwestern  Ry.  Co. 

Equipment  Bonds  Series  "F" 


Dated  June  16,  1913  Due  $22,000  each 

June   15,  $21,000 
each  Dec.   15  to 
Dec.  15,  1918;  there- 
after $21,000  S.A. 
to  June  15,  1923 

Issued  $425,000  Outstanding     $404,000 

*Int.  pay.  June  and  Dec.  15  at  B. 

Trustee,   B.  Form   C. 


Security  : 

3  Mikado  Type  Locomotives 
445  Steel  Coal  Cars 
Equipment  cost  $500,230.    Outstanding  bonds  rep- 
resent 80%    of   original   cost. 


Virginia  &  Southwestern  Ry.  Co. 
Equipment  Bonds  Series  "G" 


Dated  Mar.  2,  1914  Due  $24,000  each 

Mar.  1,  $23,000 
each  Sept.  1  to  Mar. 
1,  1921;  thereafter 
$23,000  S.A.  to 
Mar.   1,   1924 

Issued  $467,000  Outstanding     $444,000 

tint.  pay.  Mar.  and  Sept.  1  at  G. 

Trustee,   G.  Form  C. 


Security  : 

2  Mikado  Type  Locomotives 
1  Passenger  Locomotive 
650  Steel  Gondola  Coal  Cars 
Equipment  cost  $550,346.    Outstanding  bonds  rep- 
resent 80%   of  original  cost. 


Virginian  Ry.  Co. 

First    Lien    Equip,    Notes    Series 


Dated  Nov.  1,  1908  Due  $188,000  each 

May   1,  $187,000 
each  Nov.  1  to 
Nov.    1,    1918 

Issued  $3,750,000  Outstanding  $1,500,000 

*Int.  pay.  May  and  Nov.  1  at  E. 

Trustee,  E.  Form  C,  r. 


22  Locomotives 
27  Passenger  Train   Cars 
27  Caboose  Cars 
261  Flat   Cars 
488  Hopper   Cars 
319  Box   Cars 
891  Stock  Cars 
1,500  Steel   Coal  Cars 
123  Miscellaneous  Cars 
Equipment     cost    $4,500,000.     Outstanding 
represent  33%  of  original  cost. 


notes 


108 


RAILWAY   EQUIPMENT   UBEIUATIONS 


Wabash  R.R.  Co. 

Equipment  S.F.  Bonds  of  11)01    .      5% 


Dated  Mar.  1,  1901  Due  Mar.  1.  1921 

Issued  $3,000,000  Outstanding  $1,717,000 

*Int.  pay.   Mar.   and  Sept.   1   at  B. 

Trustee.  B.  Form  C,  r. 


Security  : 

Original  equipment  cost  $3,300,000. 
Sinking   fund   provides   for   retirement   of   bonds 
at  108  of 

$150,000  annually  to  Mar.  1.  1916 

200,000         ' 1.  1921 

If  bonds  not   retired   sinking   fund   may  be  used 
to  purchase  additional   equipment. 


Wabash  R.R.   Co. 

Equipment  Trust  Series  "B"     .     4>^% 


Dated  Dec.  1,  1904  Due  $43,000  Dec. 

1,  1914 
Issued  $870,000  Outstanding       $43,000 

*Int.  pay.  June  and  Dec.  1  at  Col.  Tr. 

Trustee,   Col. Tr. Pitts.  Form   C. 


Security  : 

500  Steel  Freight  Cars 
499  Wooden  Freight  Cars 


Wabash  R.R.  Co. 

Equipment  Trust  Series  "C" 


^Yijo 


Dated  July  2,  1906 


Due  $309,000  S.A. 
to  July   1,   1916 
Issued  $6,180,000  Outstanding  $1,236,000 

*Int.  pay.  Jan.  and  July   1   at  Lee,  Higginson  & 
Co.,  Boston 
Trustee,  O.C.Bos.  Form  C. 


Security: 

80  Locomotives 

4,000  Steel  Under  frame  Gondola  Cars 

2,000  Wooden  Bo.x  Cars 
Equipment  cost  $7,166,798.40.     Outstanding  notes 

represent  17%  of  original  cost. 
Callable  at  101. 


109 


RAILWAY  EQUIPMENT  OBLIGATIONS 


Western  Maryland  R.R.  Co. 
Equipment  Ctfs.  Series  "A' 


5% 


Dated  Jan.  1,  1909 


Due  $27,000  S.A. 
to  Jan.   1,   1919 
Issued  $536,000  Outstanding     $216,000 

*Int.  pay.  Jan.  and  July  1  at  B. 

Trustee,  B.  Form  C. 


Security  : 

13  Locomotives 
500  Hopper  Cars 
2  Mail   and   Express   Cars 
12  Caboose  Cars 
Equipment  cost  $635,845.    Outstanding  certificates 
represent  34%  of  original  cost. 


Wheeling  &  Lake  Erie  R.R.  Co. 
Twenty-Year  Equip.  S.F.   Bonds 


Dated  Jan.  1,  1902  Due  $150,000  A. 

to  Jan.    1,    1917, 
$175,000  A.  to  Jan. 
1,  1921,  $173,000 
Jan.  1,   1922 

Issued  $2,500,000  Outstanding  $1,298,000 

*Int.  pay.  Jan.  and  July  1  at  B. 

Trustee,  B.  Form  C,  r. 


Security: 

34  Locomotives 
25  Passenger  Train  Cars 
2,600  Coal  Cars 
500  Box  Cars 
10  Caboose  Cars 


Wheeling  &  Lake  Erie  R.R.  Co. 

Commonwealth    Tr.    Co.    Ctfs. 

Series  "A" 4>^% 


Dated  Dec.  1,  1904  Due  $51,000  Dec. 

1,    1914 
Issued  $510,000  Outstanding       $51,000 

*Int.  pay.  June  and  Dec.  1 

Trustee,   Com.St.Louis  Form   C. 


Security  : 

1,000  Wooden   Gondola   Cars 


110 


RAILWAY  EQUIPMENT  OBLIGATIONS 


Wheeling  &  Lake  Erie  R.R.  Co. 

Receivers  Equipment  Series  "A" 


Dated  Mar.  1,  1913  Due  $101,000  S.A. 

to  Sept.  1,  1922, 
$100,000  Mar.  1,  1923 
Issued  $2,019,000  Outstanding  $1,706,000 

*Int.  pay.  Mar.  and  Sept.  1  at  CiL  S.  &  T. 
Trustee,  Cit.S.&T.Qev.  Form  C. 


Security  : 
1,500  Cars 

20  Locomotives 

Equipment    cost    $2,284,000.     Outstanding    certifi- 
cates represent  74%  of  original  cost. 


Zanesville  &  Western  Ry.  Co. 

Car  Trust  No.  1  of  1907     . 


4% 


Dated  Dec.  2.  1907 


Due  $25,000  S.A. 
to   Dec.    1,    1917 
Issued.  $500,000  Outstanding     $175,000 

*Int.  pay.  June  and  Dec.  1  at  G. 

Trustee,  G.  Form   C,   r. 


Security  : 

500  Steel  Underframe  Gondola  Cars 

Equipment  cost  $737,220.     Outstanding  notes  rep- 
resent 23%   of  original  cost. 

Guaranteed   principal   and    interest   by   Toledo   & 
Ohio  Central  Railway  Co. 


Ill 


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